EPCSPOT

EPCspot is about Engineering Procurement Construction (EPC) Installation Commissioning best practice, manufacturer, vendor, supplier, contractor etc... The EPC model is well-suited for these types of projects due to its single point of responsibility and fixed price structure. These features can provide cost and schedule certainty for the owner and ensure that the project is completed on time and within budget... In the LSTK model, the contractor provides a fixed price for the entire project, but the owner is responsible for procuring materials and equipment. This means that the owner will manage the purchase of materials and equipment for the project, and the contractor will be responsible for the installation and construction of the facility.