Lawyer Monthly - Legal Awards 2022

Lawyer Monthly Legal Awards 2022 A STORY OF AN UNPRECEDENTED SUCCESS FOR THE INDUSTRY With PCMI acting as contract management advisor to a Finnish company, who is global leader in providing innovative technologies and sustainable solutions for the energy sector, power generation projects were developed in Brazil during the first half of 2022. Projects were financed by the largest investment bank in Latin America, and were executed under a super fast-track approach that secured their completion under an unprecedented record time for the industry. EPC projects totalling 150 MW in installed power capacity were completed in the record time of just above seven months, counted from the signature of the contract through plant acceptance, allowing to commence plant operations in advance to the corresponding Power Purchasing Agreement (PPA) deadline as set with the electricity sector Regulator in Brazil (ANEEL). Adopting sustainable technology designed to facilitate renewable energy penetration in the market, power grid balancing plants were installed, commissioned, and tested in just above three months. Firm Profile Established in 2020, Power Contract Management Inc. (PCMI) provides time and cost-effective solutions for clients in all sectors of the construction industry. PCMI is focused on executing and delivering to meet and exceed Clients’ needs and expectations, through a rigorous, ethical, and fair professional service approach. PCMI is specialized in providing contractual support for any kind of infrastructure projects around the globe, including fossil fuel power plants, renewable energy sources such as wind, solar and hydro, including any contractual claims and disputes, regardless of its size and complexity. PCMI`s expertise includes Projects located throughout the globe, with emphasis on the Latin American countries. At PCMI we are specialized to serve our Customers on all contract administration duties for the following sectors: • Power Generation • Oil & Gas • Renewable Energy • Power Transmission and Distribution • Civil Construction projects, including roads, railways, airports & dams • Industrial process plants Our services range from reviewing documentation at bidding stage, contract negotiation and setup, all the way through contract execution, contract closure and warranty period. Our competences include change management, defence from incoming claims, preparation and management of outgoing claims, determination of merit & quantum for cost reimbursement and extension of time claims, Project Non-Conformance -Cost control and cost recovery from vendors, insurance claims, constructive change orders, differing Site conditions claims, Project time schedule critical path evaluations, delay & disruption claims, acceleration claims, design change claims, negotiation of Delay & Performance Liquidated Damages, Alternative Dispute Resolution, international “ad hoc” Arbitration under the UNCITRAL Rules & Model Law, Institutional Arbitration under the ICC Rules. Contact: Gianluca Gazzola Managing Director Power Contract Management Inc. “PCMI is a Company focused on executing and delivering to meet and exceed Clients’ needs and expectations, through a rigorous, ethical, and fair professional service approach.” 101 BRAZIL

RkJQdWJsaXNoZXIy Mjk3Mzkz