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The model ITTs are not prescriptive and Purchasers can select both pace and scale of adoption.
This "best practice" standard approach supports the Supply Chain Code of Practice and
provides cost saving & value opportunities for both purchasers and suppliers.
A model ITT for Drilling Contracts is available below. Further models for Well Services and other
sectors are under development, reflecting the structure of the LOGIC industry standard contracts
To provide feedback on the use and content
of the Model ITT templates please either use section 1.4 of the documentation
and/or the following e-mail link ITT Template Feedback
N.B - Use of the Model ITTs is the sole responsibility of the users and neither FPAL nor the UK Upstream SCM
Network shall be responsible for any consequences whatsoever arising out of their use. |