Abstract
EPC isanew ofconstruction and mode
Turnkey type contracting
management
formed thelastten is for
recommended
during years.It projects,where(i)ahigher
offinal and
of timeis contractortakes
certainty
degree price required,and(ii)the
total forthe and
executionofthe
responsibilitydesign project.
writer the
described
Firstly,the process,
and of
modecharacteristicsEPC onConditions
of
management Turnkey.Then,based
Contract byFIDICin1999,the
fo,EPCTurnkeyProjectpublished right,
were
and oftheowner/contractor
responsibilityobligation summarized,andproblems
in were
discussed.
application
further carried0utfor contractor’S
Was the design
Secondly,astudy management,
risk in viewofthe
time and EPC
managementmanagementTurnkeyprojects.In
writer the Concurrent
dominantroleof introduced of
designing,the principles
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