The Critical Importance of Uninterrupted Price Monitoring in the Long-Term Construction of a Nuclear Power Plant.

Construction of a nuclear power plant (NPP) represents one of the most complex, capital-intensive and long-term investment projects in the world economy. The success of such projects, often spanning 10–15 years, depends on the ability of management (Owner/Operator) to foresee and effectively manage financial risks arising from macroeconomic volatility, exchange-rate fluctuations and inflationary pressure. In the context of fixed-price contracts (FPC), constant monitoring of current prices for components, construction materials and services is not just an operational procedure, but a critically important tool of strategic management of investment risk.