Engineering, Procurement and Construction (EPC) Contract definition
Engineering, Procurement and Construction (EPC) Contract. , means the contract arrangement where the EPC contractor carries out the detailed engineering design of the project, procures all the equipment and materials necessary, and then constructs to deliver a functioning facility or asset to their client. Companies that deliver EPC projects are commonly referred to as EPC Contractors;
Examples of Engineering, Procurement and Construction (EPC) Contract in a sentence
MEA intends to provide a Grant Assistance to Myanmar by undertaking the development, maintenance and management of upgradation of Yagyi – Kalewa section Milepost 40/0 to Milepost 115/5 in Myanmar to Two Lane with Earthen Shoulder through an Engineering, Procurement and Construction (EPC) Contract (hereinafter referred to as the “Project”).