Both Multicontract and EPCI (Engineering, Procurement, Construction, and Installation) contract in an offshore wind project involves numerous risks across each phase, given the complex nature of offshore environments and the technical challenges unique to wind energy installations. 



SanCo shall technically enhance project´s teams with the solely goal of maximizing return on investment by preventing or at least minimizing projects delay, cost overrun and and revenu losses. 

KPI

Germany

UK

Project Delay (beyond 1 year)

>30-40% of projects

>20-30% of projects

Cost Overrun (>10%)

>25-35% of projects

>15-25% of projects

Revenue Loss (>15%)

20-30% of delayed projects

10-20% of delayed projects

CAPEX per MW Installed

€3-5 million per MW

£3-4.5 million per MW

Availability Rate (Operational)

90-93% (early stage); improving to 97%+

95-97%

Revenue Loss per Day (due to delay)

€150,000 - €500,000/day

£200,000 - £600,000/day

Energy Yield Achievement

85-90% of expected yield (early stage)

90-95% of expected yield


SanCo´s Task


Description

Technical Oversight and Engineering Support

  • Design and Engineering Verification
  • Interface Management

Project Management and Coordination

  • Contract Administration 
  • Progress Tracking and Reporting 

Risk Management and Quality Assurance

  • Risk Identification and Mitigation 
  • Quality Control and Compliance Audits 

Stakeholder and Regulatory Management

  • Permitting and Regulatory Compliance 
  • Stakeholder Engagement 

Procurement Oversight. Supply Chain and Logistical Technical Management


  • Vendor and Equipment Management 
  • Supply Chain Coordination 

Installation and Commissioning Support

  • Installation Monitoring
  • Testing and Commissioning 

Financial and Budget Control

  • Cost Monitoring and Budget Adjustments 
  • Performance Guarantees and Financial Close-Out 

HSE (Health, Safety, and Environmental) Oversight

  • Safety Compliance 
  • Environmental Monitoring and Impact Mitigation 

Operational and Maintenance Technical Management


  • Maintenance Accessibility 
  • Component Reliability and Lifetime 

1.


Technical, Engineering and Certification Technical Management


  • Design and Engineering Verification: Review and approve design submissions from contractors, ensuring they meet the project’s technical specifications and can withstand the offshore environment. Technical oversight may include simulation studies and validation tests.
  • Interface Management: Oversee technical interfaces among different contractors, especially between turbine, foundation, electrical, and cabling contractors. Effective interface management ensures smooth integration of components and systems.
  • Others

2.


Supply Chain and Logistical Technical Management

 

  • Vendor and Equipment Management: Manage the procurement of critical services components, such as foundation designer, certifier, turbines, cables, and substations, coordinating with suppliers to ensure timely delivery and quality assurance.
  • Supply Chain Coordination: Oversee logistics, storage, and transport of materials to the offshore site, managing timelines to prevent bottlenecks and align with the project’s installation schedule.
  • Others

    3.


    Risk Management and Quality Assurance


    • Risk Identification and Mitigation: Assess risks across EPCI phases, especially for schedule, budget, and operational risks. Establish mitigation measures and contingency plans to manage unforeseen issues, including adverse weather or supply chain disruptions.
    • Quality Control and Compliance Audits: Implement quality assurance procedures, conducting regular inspections and audits to ensure compliance with project specifications, industry standards, and safety regulations. Ensuring quality at every stage helps avoid costly repairs or replacements.
    • Other
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