What is EPC Contracting?

EPC (Engineering, Procurement, and Construction) contracting is essential in the execution of construction and engineering projects. This widely regarded approach is employed to carry out large-scale projects efficiently and effectively. Developing a solid comprehension of EPC contracting and its variations will help you gain important insights into the primary interests and project execution process.

EPC vs. EPCM Contracts: Understanding the Difference

EPC (Engineering, Procurement, and Construction) and EPCM (Engineering, Procurement, and Construction Management) are two standard contract structures that are frequently utilized when executing complex construction projects. Even though both contracts are widely used in the industry, they differ greatly and can have a major impact on how projects turn out. Project owners along with all stakeholders must be aware of these distinctions to be able to choose the contract type that best suits their specific needs and objectives.