EPC refers to a company entrusted by the owner to carry out the whole process or several stages of contracting for the design, procurement, construction and commissioning of engineering and construction projects in accordance with the contract. Usually the company is responsible for the quality, safety, cost and schedule of the works it contracts under the terms of a lump-sum contract.
EPC:Engineering, Procurement, Construction, is a general term used internationally for the general contracting industry.
Engineering: from the overall planning of project content to specific design work;
Procurement: from specialized equipment to the procurement of construction materials;
Construction: from construction and installation to technical training. The fields involved are energy (conventional power, clean energy, etc.), transportation (railroads, highways, etc.), and construction.
Expanded Information
EPC's model:
1. Emphasize and give full play to the leading role of design in the entire engineering and construction process. The emphasis and play on the design of the leading role in the entire engineering and construction process, is conducive to the continuous optimization of the overall program of engineering project construction.
2, effectively overcome the design, procurement, construction of mutual constraints and mutual disconnection of the contradictions, is conducive to the design, procurement, construction of all phases of the work of the reasonable convergence, effectively realize the progress of the construction project, cost and quality control in line with the construction contract agreement to ensure that a better investment benefits.
3, the main body of the construction project quality responsibility is clear, and is conducive to pursuing the responsibility for the quality of the project and determine the bearer of the responsibility for the quality of the project.
Baidu Encyclopedia-EPC