THE SURVEY OF ENGINEERING- PROCUREMENT AND CONSTRUCTION CONTRACTS; WITH VIEW TO THEIR POSITION IN IRANIAN LAW

Engineering – Procurement and Construction (EPC) contract is one of the current contracts in the today world. When governmental sector trends to use the expertise of domestic or foreign private in engineering and construction of infrastructural projects, finds EPC contract as a suitable legal frame. In this article, we have tried to discuss about the most important legal aspects of this kind of contracts such as: structure of EPC contracts, legal relationship between contract parties, guarantees and parties responsibility.