EPC (Engineer Procure and Construct)
Engineer, Procure, and Construct (EPC) is a professional business term referring to the process of contracting for the design, construction, and installation of industrial infrastructure by a single contractor. This process utilizes engineering, procurement, and construction management services to provide turnkey solutions from a single source of responsibility to its clients. EPC is an efficient method of project delivery since it promotes collaboration between all parties involved in the project, such as engineers, contractors, suppliers, and other stakeholders. It also allows for greater flexibility and oversight from start to finish, resulting in improved cost savings and reduced risk.