EPC+O&M general contracting mode, in simple terms, means that a contractor is responsible for all or part of the process of a project, including design, procurement, construction, as well as subsequent operation and maintenance of equipment.EPC is an abbreviation for "Engineer, Procurement, Construction", while OM is "operationandmaintenance". EPC is an acronym for "Engineer, Procure, Construct", which emphasizes the management of the entire process from design to construction, while OM is "operation and maintenance", which refers to the operation and maintenance of facilities.
The key to this model is not "+O&M" but the role and responsibility of the general contractor. The general contractor is not only responsible for the implementation of the project, including design, procurement and construction, but also for the day-to-day operation and maintenance of the completed facility to ensure the smooth operation and long-term benefits of the project. under the EPC+O&M general contracting model, the owner usually grants the general contractor a greater degree of autonomy to allow them to have a greater degree of decision-making power in the implementation of the project.
Owners manage EPC+O&M projects in different ways, either by process control, such as through supervision engineers to oversee all aspects, or by after-the-fact supervision, only at the completion of the project to carry out rigorous acceptance. Either way, the general contractor is the main responsible person of the project, the whole process of the project and the behavior of professional subcontractors have full responsibility.
In summary, the EPC+O&M general contracting model is an integrated project management model, emphasizing the full management from design to maintenance and the full range of contractor responsibility.