What Is Engineering, Procurement, and Construction (EPC)?

Engineering, Procurement, and Construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects.

Under an EPC contract, a contractor is obliged to deliver a complete facility to a developer who needs only “turn a key” to start operating the facility; hence EPC contracts are sometimes called turnkey construction contracts.

The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time.

See Solar EPC explained.