Which of the following is true about Engineering, Procurement, and Construction (EPC) Contracts?

CIPS L6M5 Question Answer

Which of the following is true about Engineering, Procurement, and Construction (EPC) Contracts? (Select all that apply.)

EPC contracts, commonly referred to as Turnkey Projects, are widely used in construction and infrastructure projects. These contracts require the contractor to design, procure materials, and construct the project to deliver a complete and operational facility to the client.

Answer Options:

The contractor is responsible for the design aspect of the construction

The contractor may operate the building for a certain period after completion

These contracts are commonly known as Turnkey Projects

These contracts are sometimes referred to as Design and Build Contracts

These contracts are used when forming a partnership between a private and public organization