Samsung Engineering, Procurement, and Construction Market Study

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Samsung Engineering, Procurement, and Construction Market Study

Client Samsung Engineering
Location TX and LA
Scope Of Work Market Analysis, Feasibility Assessment, Risk Management, Schedule Analysis, Cost Estimate
Schedule NA

Project Detail

Spire was engaged by Samsung Engineering to conduct a market analysis for a hydrocarbon engineering, procurement, and construction (EPC) project execution in the Texas and Louisiana markets and to provide guidance on a variety of issues related to the execution. The analysis included the assessment of current economic conditions in the construction industry and hydrocarbon market, research into a variety of governmental regulations and permitting requirements, and a review of current industry best practices for safety, change management, and dispute resolution. Specifically, Spire’s scope of work included the following: providing a general outlook for construction in the hydrocarbon industry over the next 3 years; analyzing issues related to the cost and availability of labor in various disciplines, including impacts of unionized labor; assessing the current cost and availability of local materials as well as their projected escalation rates over the next several years; providing information on relevant governmental environmental regulations and permitting requirements for project execution, including air quality, water quality, and sanitary sewage disposal; reporting on the construction permitting processes for industrial projects in several representative counties in Texas and Louisiana; documenting regulations and restrictions in the United States for bringing in foreign workers; and providing guidance on best practices for safety, change management, dispute avoidance, and alternative dispute resolution.