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The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work. EPC companies are often used in large-scale projects, such as power plants, refineries, chemical processing facilities, infrastructure projects, and ...
In an EPC contract the client has no responsibility to oversee the work of other sub-contractors deployed by the main contractor, as the contracts are awarded independently and might be for a part ...
EPCI stands for Engineering, Procurement, Construction and Installation, a common form of contracting arrangement within offshore construction.The acronym EPIC for Engineering, Procurement, Installation & Commissioning is also used.
The CM's role is to represent the interests of the Owner throughout the various phases of a project beginning as early as feasibility studies and conceptual planning of the project. Construction Managers help to inform good decision making on behalf of the owner through planning, design, permitting, construction contract procurement, and during ...
Some contractors appoint subcontractors to work under a "pay when paid" clause, sometimes called a "pay if paid" clause, where the general contractor will work with subcontractors and the subcontractors are only paid if and when the general contractor is paid for the work. [6] An example clause from a construction context reads:
It answers the client's wishes for a single point of responsibility in an attempt to reduce risks and overall costs. Although the use of subcontractors to complete more specialized work is common, the design-build contractor remains the primary contact and primary force behind the work. It is now commonly used in many countries and forms of ...
A general contractor is a construction manager employed by a client, usually upon the advice of the project's architect or engineer. [7] General Contractors are mainly responsible for the overall coordination of a project and may also act as building designer and construction foreman (a tradesman in charge of a crew).
Tesla and X CEO Elon Musk spent over a quarter of a billion dollars to help get President-elect Donald Trump back in the White House, according to newly released campaign finance records. The ...
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