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Which are preferred contract of EPC or EPCM for successful executing a large capex project?

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Question ajoutée par Alpesh Patel , Assistant General Manager , Rubamin SARL
Date de publication: 2013/09/18
Utilisateur supprimé
par Utilisateur supprimé

fixed price vs cost plus, it always depends on the experience on doing the needed project, if a company is having a wholly new type of project, and it could not benchmark to approximate the price, and I believe this would be the case for the contractor, who may opt to provide an arbitrary price, hence, in this case, EPCM would be the solution.

Narasimhan Varadadesikan
par Narasimhan Varadadesikan , engineering manager , MECON (I) Ltd

Both are Ok . EPCM is more easy to handle than EPC .EPC is more challenging and suitable for those who revel in challenges

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