What does EPC mean in ENGINEERING
EPC stands for Engineering Procurement And, which is a form of contract between an engineering company and an owner in order to design and build a specific project. The contracting parties agree that the engineer will not only design the facility but also provide all the necessary materials and labor to build it. This type of contract is used for large projects such as power plants, refineries, highways, bridges, and other complex structures.
EPC meaning in Engineering in Academic & Science
EPC mostly used in an acronym Engineering in Category Academic & Science that means Engineering Procurement And
Shorthand: EPC,
Full Form: Engineering Procurement And
For more information of "Engineering Procurement And", see the section below.
Essential Questions and Answers on Engineering Procurement And in "SCIENCE»ENGINEERING"
What does EPC stand for?
EPC stands for engineering procurement and construction.
Who signs an EPC contract?
An EPC contract is signed by both the engineering company and project owner.
What kind of projects are covered by an EPC Contract?
Large-scale projects such as power plants, refineries, highways and bridges are typically covered by an EPC Contract.
What are some common services provided in an EPC Contract?
Common services provided in an EPC Contract include project design, procurement of materials and labor, construction management and commissioning.
Are there any legal requirements associated with entering into an EPC Contract?
Yes, legal requirements vary from jurisdiction to jurisdiction but generally include required insurance coverage for both parties involved in the agreement as well as dispute resolution protocols if needed.
Final Words:
An Engineering Procurement And (EPC) contract is a form of agreement designed to provide comprehensive services for large-scale build projects including design work, procurement services, construction management and commissioning at completion. It is important to understand the legal requirements associated with entering into this type of agreement.
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