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What is the difference between EPC and turnkey contract?


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2014-11-19 16:57:00
2014-11-19 16:57:00

EPC is a contract comprising Engineering, Procurement and Construction.

Turnkey is a contract comprising Engineering, Procurement and Construction.

If you look at the definition , you may find no difference between two concepts, but there are some differences between two concept as follows;

1- In EPC, an employer will provide basic engineering to a contractor and the latter shall perform detailed design based of received basic design.

2- In Turnkey , Employer will only provide certain technical specifications of the project and it is the responsibility of the contractor to prepare basic and detail design of the project.

3- In turnkey, contractor is responsible to perform construction and commissioning, start-up and take over of the plant to employer, but in EPC, it may be the responsibility of other third person to do commissioning and start-up.

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Both EPC and turnkey engineering, procurement, and construction contracts. The difference is that In turnkey, thee contractor is responsible in performing construction and commissioning, but in EPC, construction and commissioning is the responsibility of a third person.

TURNKEY CONTRACT A TURNKEY project is an EPC Contract with total responsibility of Engineering, Procurement and Construction on the EPC Contractor. Owner/Client simply provides the contract specification for the project to be completed within budgeted time limits and quality requirements. EPC contractor is the sole power over the project within project specifications. EPC ~ LOOSE TURNKEY CONTRACT An EPC contract is a LOOSE TURNKEY project wherein owner/client must share some of the technical/engineering/EPC part with the contractor. Both owner and client share responsibility for project completion though majority responsibility lies with the EPC contractor. Here, owner/client wants to have some direct control over quality/timeline/budgeted resources over EPC contractor.

The objectives of EPC contract is to define the goals and expectation of a project. This is the same as with any other form of business contract. EPC refers to Engineering Procurement Construction.

Engineer Procure and Construct contract

EPC contract is an Engineering, Procurement and Construction contract that comprises entire project starting from designing, planning, procurement from third parties, clearance of goods, delivery, provision of spare parts, erection, commissioning, testing, completion of facility and correction of defects etc. BOT contract is a built, operate and transfer Contract which also comprises total responsibilities to build the entire project and after operating the project, transfer the same to the Owner of the project. Karuna Kumar

Engineering, Procurement and Construction contract Engineering Procurement Construction ("EPC") contracts typically pass all design development and construction risks to the contractor. The developer acquires a "bankable" turnkey project and, at least theoretically, pays a premium for the assumption of risk by the contractor. In other words, in an EPC contract, the EPC contractor (EPCC) agrees to deliver the keys of a commissioned project to the owner for an agreed amount, just as a builder hands over the keys of a flat to the purchaser. An owner decides for an EPC contract for several vital reasons. Some are: · The owner puts in minimum efforts for his project and, so, has less stress · EPC gives the owner one point contact. It is easy to monitor and coordinate · It is easy for the owner to get post-commissioning services · EPC way ensures quality and reduces practical issues faced in other ways · Owner is not affected by the market rise · Investment figure is known at the start of the project

EPC is a specific standard for RFID, developed by the MIT AutoID Center and now managed by EPC Global, a consortium of businesses and organizations interested in commercial applications of RFID. RFID is the more general term.

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EPC stands for Electronic Power Control

EPC stands for Emergency Performance Certificate. The EPC contains caveats, and its main aim is to enforce legislation on apartments.

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EPC is a type of job in the industry and not a company. You can find jobs listed at

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Electronic Pedal Control (EPC) is Volkswagen's electronic-accelerator-pedal system.

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An EPC warning light in a VW indicates a problem in the powertrain control system. This can be one of 17 faults, including lack of messaging between the powertrain and various systems. It can also indicate a performance control problems, or a malfunction of the EPC.

The EPC on a Jetta is the electronic powertrain control system. This is the traction system of the vehicle that detects if you are on ice or water covered roadways.

EPC means "Electro Plated Copper" 551 is the parts per thousands of pure silver.

EPC means Electronic Pedal Control. Fly-by-wire for your gas pedal--instead of a mechanical cable that pulls an accelerator linkage on the engine, there's an electronic device on the gas pedal, an electronic device on the throttle body and a wire between them.

The EPC light came on today on a 2001 Seat Ibiza, along with the car's lock suddenly locking. After 3 or 4 efforts, we figured that the problem was solved unlocking the car using the key while the engine was on (the electronics on the car always blocked when the EPC came on). After that the EPC light switched off. I hope you can solve the problem this way.

The Electronic Product Code, (EPC), is a family of coding schemes for Gen 2 RFID tags. It is designed to meet the needs of various industries, whilst guaranteeing uniqueness for all EPC-compliant tags. The EPC accommodates existing coding schemes and defines new schemes where necessary. The EPC was the creation of the MIT Auto-ID Center, a consortium of over 120 global corporations and university labs. The EPC system is currently managed by EPCglobal, Inc., a subsidiary of GS1, creators of the UPC barcode. The Electronic Product Code promises to become the standard for global RFID usage, and a core element of the proposed EPCglobal Network

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