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Various abbreviations used for this type of contract are LSTK for lump sum turn key, EPIC for engineering, procurement, installation & commissioning and EPCC for engineering, procurement, construction and commissioning. Use of EPIC is common, e.g., by FIDIC and most Persian Gulf countries. Use of LSTK is common in the Kingdom of Saudi Arabia.
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Street elbows are available with bend angles of 90°, 45°, and 22.5°. They can be used in many plumbing applications, including water supply, drainage, sewers, vents, central vacuum systems, compressed air and gas lines, heating and air conditioning, sump pump drains, and other locations where plumbing fittings would be used to join sections of pipe.
Lump sum turnkey (LSTK) is a combination of the business-contract concepts of lump sum and turnkey.Lump sum is a noun which means a complete payment consisting of a single sum of money while turnkey is an adjective of a product or service which means product or service will be ready to use upon delivery.
The information technology sector of electrical installations is used for computer networking, telephones, television, security systems, audio distribution, healthcare systems, robotics, and more. These services are typically installed by different tradespeople to the higher-voltage mains wiring and are often contracted out to very specific ...
Turnkey refers to something that is ready for immediate use, generally used in the sale or supply of goods or services. The word is a reference to the fact that the customer, upon receiving the product, just needs to turn the ignition key to make it operational, or that the key just needs to be turned over to the customer. [4]
In 2000, American opened American SpiralWeld Pipe Company in Columbia, South Carolina, diversifying its product line to include spiral-welded steel pipe in diameters up to 144 inches (3,700 mm). In 2015, American began operations at a new spiral-welded pipe production facility in Flint, Michigan. A third facility opened in Paris, Texas, in 2021.
Pipe is usually delivered to a customer or jobsite as either "sticks" or lengths of pipe (typically 20 feet (6.1 m), called single random length) or they are prefabricated with elbows, tees and valves into a prefabricated pipe spool [A pipe spool is a piece of pre-assembled pipe and fittings, usually prepared in a shop so that installation on ...