Specificity of the Application of the Fixed Price of the EPC-contract for the Construction of Nuclear Power Plant and Facilities Abroad

This study is devoted to approaches to pricing problems during the implementation of nuclear power plant construction projects abroad from the perspective of the nuclear industry’s aspiration to take the place of a global leader. In the course of the work, the issues of client-centricity were considered, the pros and cons of various types of pricing of EPC contracts were analyzed — at fixed, approximate, and mixed prices; the appropriate and corresponding solutions were proposed. Theoretical research methods such as analogy, classification, generalization and comparative analysis, and empirical methods such as modeling and description are used. The purpose of the study was to determine the main feature, the distinctive property of the application of a fixed price of the EPC contract for the construction of nuclear power plants outside the Russian Federation. The result of the research was the proposal of two pricing options when working with local contractors, which will be of interest to qualified specialists in the field of pricing of the nuclear industry during the construction of nuclear power plants.

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Publication Details

Journal
Accounting Analysis Auditing
Published
2024-11-22
DOI
https://doi.org/10.26794/2408-9303-2024-11-4-73-84
Citations
1
Primary Topic
Nuclear reactor physics and engineering
Type
article
Field-Weighted Citation Impact
1.30
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article

Specificity of the Application of the Fixed Price of the EPC-contract for the Construction of Nuclear Power Plant and Facilities Abroad

M. M. Ishchenko, Yu. B. Ponomareva
1 citations
Accounting Analysis Auditing
Nuclear reactor physics and engineering
1.30
article

Specificity of the Application of the Fixed Price of the EPC-contract for the Construction of Nuclear Power Plant and Facilities Abroad

M. M. Ishchenko, Yu. B. Ponomareva
article en
1 citations

Abstract

This study is devoted to approaches to pricing problems during the implementation of nuclear power plant construction projects abroad from the perspective of the nuclear industry’s aspiration to take the place of a global leader. In the course of the work, the issues of client-centricity were considered, the pros and cons of various types of pricing of EPC contracts were analyzed — at fixed, approximate, and mixed prices; the appropriate and corresponding solutions were proposed. Theoretical research methods such as analogy, classification, generalization and comparative analysis, and empirical methods such as modeling and description are used. The purpose of the study was to determine the main feature, the distinctive property of the application of a fixed price of the EPC contract for the construction of nuclear power plants outside the Russian Federation. The result of the research was the proposal of two pricing options when working with local contractors, which will be of interest to qualified specialists in the field of pricing of the nuclear industry during the construction of nuclear power plants.

Accounting Analysis AuditingVol. 11(4)
Moscow State Institute of International Relations (RU)
Industry, innovation and infrastructure
Openalex Percentile: Top 12%
Nuclear reactor physics and engineering
1.30
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