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Engineering, Procurement and Construction (EPC) Gains Ground

Engineering, Procurement and Construction (EPC) Gains Ground

Strict capital management programs are driving owners to opt for engineering, procurement and construction services (EPC) for large projects. <–Tweet this! The impetus is simple: EPC as a method of delivery provides a single contract that can accelerate project delivery.  Other benefits of EPC-led projects include:

  • Certainty of schedule
  • Certainty of cost
  • Single point of contact
  • Risk mitigation

Three benefits of using EPC model

While the concept is not new, there is a marked upward trend in organizations opting for this type of management.  Choosing the right EPC provider is of paramount importance. Owners of large projects can evaluate the merits of an EPC provider by examining the following characteristics:

  • Does the EPC provider implement lean practices?
  • Can the EPC provider assure that dedicated startup and commissioning professionals are fully integrated with engineering and construction teams?
  • Will the owner’s involvement be limited in any way by the provider?

Engineering Procurement and Construction Gains Ground

Download the full report to explore best practices and key considerations for project owners seeking to engage with an EPC provider.