We currently have in excess of 100 orders on hand which, including blanket contracts
, ranges from low in value to seven figure shutdown and turnaround orders," he says.
He realised you couldn't just offer blanket contracts
for PS100,000 or PS120,000 because it's no longer enough.
The company has blanket contracts
in place with EPC's that are building our projects out fully with Tier One equipment and trackers.
These are large blanket contracts
similar to indefinite delivery/indefinite quantity (ID/IQ) contracts, which are intended to cover repetitive projects.
The work has included pipeline integrity support, facility construction, ongoing blanket work, major pipelines, blanket contracts
, directional drilling services and related infrastructure projects.
However, small contractors may have difficulty sharing in this work because multiple system operators are increasingly seeking to establish master agreements with larger contractors to provide Services under blanket contracts
at fixed prices.