What are the key differences between EPC and turnkey project companies and why they should use ERP for constructions?
What are the key differences between EPC and turnkey project companies and why they should use ERP for constructions? - construction-erp.com EPC contractors and turnkey project contractors both operate in the construction industry. Are they different or are they the same? Also, is ERP for constructions useful for these contractors? Let’s find out. What is an EPC project? An EPC project covers the Engineering, Procurement and Construction part of a project. Here the EPC contractor designs, constructs and completes a project such as a manufacturing facility. Example of an EPC project can be the civil work of a railway station or MEP work on EPC contract for an industrial plant. How do turnkey projects work? In turnkey projects, the client gives the entire risks and project responsibilities to the main contractor. The turnkey company gives a ready-to-use project to the client. Here, the client need not worry about the result and quality of the project as all those ri...