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What is the difference in non turnkey and turnkey project?
Non-turnkey and turnkey projects are the opposite of each other. Turnkey projects are those that contract a firm to fully design, construct and equip a project and then turn it over to the purchaser.
What is the opposite of obeying a contract?
breach of contract
What does a turnkey business mean?
A turnkey business is a reference to a type of business, wherein the owner can simply enter the building, unlock the door, and begin selling a product or service.
Modes of entry into international business?
One can enter into international business through exporting, licensing and merchandising or through some special modes such as contract manufacturing, turnkey projects. One can also enter through foreign direct investments with and without alliances.
What is a turnkey house?
A ready-to-move-into house A ready-to-move-into house A ready-to-move-into house
What is the difference in non turnkey and turnkey project?
Non-turnkey and turnkey projects are the opposite of each other. Turnkey projects are those that contract a firm to fully design, construct and equip a project and then turn it over to the purchaser.
What is opposite for turnkey?
bespoke
What is the difference between lump sum contract and turnkey contract?
A lump sum contract is an agreement to make a one time payment for goods and services as specified by the purchaser in the agreement. A turnkey contract is an agreement to deliver a completed ready to use service or project without any specifications made by the purchaser.
How does a Turnkey contract differ from EPC contract?
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.
What is EPC or Turnky Contract?
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.
What is the opposite of obeying a contract?
breach of contract
What is the difference between EPC and turnkey contract?
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.
What are turnkey projects in telecoms?
In telecom,the process of installing a new cell site is a turnkey project.
What is the opposite to the word swollen?
contract, decrease, diminish.
What word means the opposite of expand?
Contract or shrink.
What word starts with R and means the opposite of contract?
The word "contract" is referring to a muscle doing work, and the opposite is relax. Skeletal muscles work in pairs, and often one of the pair will contract while the other relaxes.
What 6 letter word is the opposite of contract?
"EXPAND"
