Engineering, Procurement, and Construction Management

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Engineering,procurement,andconstruction

management
FromWikipedia,thefreeencyclopedia

"Engineering,Procurement,andConstruction"(EPC)isaparticularformofcontractingarrangement
usedinsomeindustrieswheretheEPCContractorismaderesponsibleforalltheactivitiesfromdesign,
procurement,construction,tocommissioningandhandoveroftheprojecttotheEndUserorOwner.This
formofcontractiscoveredbytheFIDICSilverBook[1]containingthetitlewords"EPC/Turnkey".Other
abbreviationsusedforthistypeofcontractis"LSTK"for"LumpSumTurnKey",andsometimesalso
"EPCC"whichisshortfor"Engineering,Procurement,ConstructionandCommissioning".UseofEPC
iscommone.g.byFIDICandmostGulfCountries.UseofLSTKiscommoninKingdomofSaudiArabia.
UseofEPCCiscommoninQatarandsomeothercountriese.g.byQatarPetrolem.Therefore,anEPC,
LSTKorEPCCareallsametypesofcontractsatypicalwellknownexampleofwhichistheSilverBookof
FIDIC.

"Engineering,Procurement,andConstructionManagement"(EPCM)isaspecialformofcontracting
arrangementforsomeprojectswithintheinfrastructure,mining,resourcesandenergyindustries.Inan
EPCMarrangement,theclientselectsacontractorwhoprovides"managementservices"forthewhole
projectonbehalfoftheclient.TheEPCMcontractorcoordinatesalldesign,procurementandconstruction
workandensuresthatthewholeprojectiscompletedasrequiredandintime.TheEPCMcontractormayor
maynotundertakeactualsitework.DifferencebetweenEPCandEPCMareclarifiedbyfollowing
statementbyJonathanHosieinthecitedpaper:

"TheacronymEPCMisalsoencounteredfrequentlyoninternationalprojects,butthisisverydifferent
fromEPC.EPCMisaservicesonlycontract,underwhichthecontractorperformsengineering,
procurementandconstructionmanagementservices."

References
"DemystifyingEPCMcontractsWhat'sinan'M'?".OnSite.MinterEllison.29April2011.
Retrieved28December2013.
Hartman,FrancisT.(2003).TheTenCommandmentsofBetterContracting:APracticalGuideto
AddingValuetoanEnterpriseThroughMoreEffectiveSmartContracting.ASCEPublications.
pp.6971.ISBN9780784470985.

1. "FIDICSilverBook"(PDF).

Seealso
Engineering,Procurement,ConstructionandInstallation

Retrievedfrom"https://en.wikipedia.org/w/index.php?
title=Engineering,_procurement,_and_construction_management&oldid=749437811"

Categories: Construction Engineering

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