Engineering / Contractor End User Contractor PROJECT

What is the EPC project?
What is EPC? The acronym EPC Project is short for Engineering, Procurement, and Construction Projects.
In this type of project, the client looks for a specialized company to be in charge of the development of the design and the different engineering that their project involves.
What is difference between EPCM and EPC?
While an EPC contract takes the form of a design and construction contract, the EPCM model can be regarded as a professional services contract.
The EPCM contractor has a duty to ensure that the engineering and design of the project is in compliance with the projects technical and functional specifications.
What is the difference between EPC and LSTK?
In contrast, EPC contractors are usually responsible for a portion of the project; detailed engineering, procurement and construction.
An LSTK (Lump Sum Turn Key) project is essentially a combination of an EPC contract and a turnkey project.
EPC contracting is a type of contract in which the contractor is responsible for the design, engineering, procurement, and construction of a project.
EPC contracts are quickly becoming one of the most appealing construction project delivery methods for larger industrial construction projects.

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