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Engineering Procurement & Construction (EPC) Tenders

In an engineering, procurement and construction (EPC)contract, the EPC contractor (EPCC) agrees to deliver the keys of a commissioned plant to the owner for an agreed amount, just as a builder hands over the keys of a flat to the purchaser. The EPC way of executing a project is gaining importance worldwide. But it is also a way that needs good understanding, by the EPCC, for a profitable contract execution. EPC is being peferred due to its various advantages such as minimum efforts and less stress to owner, one point contract which is easy to monitor and coordinate. Another advantage of EPC includes post-commissioning services and quality assurance to owner. Overall EPC contract provides many advantages to both parties. As a result there is great demand for Engineering Procurement & Construction (EPC) Tenders, Tenders from Engineering Procurement & Construction world wide.

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