EPC (Engineer, Procure, Construct), also known as a turnkey contract, is a service that BCG provides to facilitate an effective delivery methodology for certain project requirements and visions. Similar to the Design and Build form of procurement, EPC allows the client to have a single point of contact with the contactor. Furthermore, the design and construction programmes overlap, which in turn decreases the total duration of the project’s delivery. However, unlike Design and Build, the client will less likely be involved during the design stage, placing more responsibility on the contractor.
As the name implies, a turnkey contract refers to our obligation to deliver a fully functional facility that is ready to be operated as soon as the handover is completed, ensuring an expedited return on the investment strategy.
At BCG, we have carried out various projects that have challenged us in managing the design, logistics and construction of complex facilities. A prominent example is the Velana International Airport Project in the Maldives, where the location and the project brief posed significant logistical challenges for our inhouse teams.