Implementing modern technologies for advanced healthcare facilities
EPC / EPCC / EPCM
We at Innovative Technologies Operates on Engineering, procurement, and construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the us on large-scale and complex infrastructure projects using our strong Client base and service providers across globe.
Under an EPC/ EPCC contract, we are obliged to deliver a complete facility to a developer who needs only “turn a key” to start operating the facility; hence EPC contracts are sometimes called as turnkey construction contracts. In addition to delivering a complete facility, we will deliver that facility for a guaranteed price by a fixed date and we will perform to the specified level.
We at Innovative Technologies as contractor coordinate all design, procurement and construction work and ensures that the whole project is completed as required and in time. We may or may not undertake actual site work.
Various abbreviations used for this type of contract are LSTK for lump sum turn key, EPIC for engineering, procurement, installation & commissioning and EPCC for engineering, procurement, construction and commissioning. Use of EPIC is common, e.g., by FIDIC and most Persian Gulf countries. Use of LSTK is common in the Kingdom of Saudi Arabia. Use of EPCC is common in Qatar and some other countries.
We cover the following under EPC / EPCC Contracts by identifying the right Service Partner across the globe rendering the best in class of Service with the latest technologies available to serve the need and purpose of the Clients.
- Basic engineering
- Detailed engineering
- Planning
- Construction engineering
We cover the following under EPC / EPCC Contracts by identifying the right Service Partner across the globe rendering the best in class of Service with the latest technologies available to serve the need and purpose of the Clients.
- Logistics and transport
- Receiving
- Procurement
- Invoicing
- Purchasing
We cover the following under EPC / EPCC Contracts by identifying the right Service Partner across the globe rendering the best in class of Service with the latest technologies available to serve the need and purpose of the Clients.
- Electrical installation
- Mechanical erectionort
- Civil engineering
We cover the following under EPC / EPCC Contracts by identifying the right Service Partner across the globe rendering the best in class of Service with the latest technologies available to serve the need and purpose of the Clients.
- After-sales-service
- Testing and commissioning
- Modernization of plants
Contracts
An EPC, LSTK, or EPCC all are the same types of contracts. This form of contract is covered by the FIDIC (International Federation of Consulting Engineers) Silver Book containing the title words EPC/turnkey. The initials EPCM are also encountered frequently on international projects, but this is very different from EPC.
We also undertake EPCM, Which is a services-only contract, under which the contractor / Client performs engineering, procurement and construction management services. In an EPCM arrangement, the client selects a contractor who provides management services for the whole project on behalf of the client themselves.