Definitions EPC EPCM Design/Build Contract Lump Sum

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Presentation transcript:

Definitions EPC EPCM Design/Build Contract Lump Sum Based on FEED Package by Others EPCM Integrated Project Team Mixed Pricing Strategy EPCM Services – Cost Reimbursable Construction – Multiple Fixed Price Contracts

EPCM Delivers Better Results Cost Better project definition Shared risk Cycle Time Continuity from Concept to Commissioning Operability Visibility Flexibility to monitor and change

Proofs

Proofs

IPA

IPA

EPCM Builds In Country Capabilities Engineering & Design FEED Detailed Design Career opportunities Construction Manageable Packages for Local and Regional Contractors