| Engineering,
procurement and construction management ("EPCM") agreements and
engineering procurement ("EPC" or "turn-key") agreements
are contractual structures commonly employed in the mining industry for the
design and construction of plant and facilities. EPC and EPCM agreements vary
widely depending on the exact nature of the infrastructure to be constructed,
the expected project scope and duration, the level of risk the principal of a
project is willing to accept, budget constraints, and the extent of the
principal's core competencies... |
No comments:
Post a Comment