EPC Contract Delivery Limit
This Skill Bit shows that an EPC contract sets a deadline (delivery limit) for project completion. This timeframe is crucial as it impacts cost and profit. While the complexity and contractor’s abilities are considered, external factors like permits, regulations, and even road access can affect the delivery limit. The contract should address delays and potential consequences for missing the deadline.
Duration approx. 3 Min.
Tier: advanced
A part of Managing EPC Contracts: Mastering Turnkey Projects course.