Define Turnkey Basis. means the Contractor takes total responsibility for the design and execution of the project. The Contractor carries out all the Engineering. A Turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a. on a turn-key basis c Reverso Context: We offer on a turn-key basis new complete manufactures on the basis of .
„on a turnkey basis“ –. Definition of turnkey: Program, project, solution, or system where the contractor or provider undertakes the entire responsibility from design through completion. A Turnkey Contract is one under which the contractor is responsible for both To provide the works on a turnkey basis and remedy defects in accordance with.
Turnkey is a product or service that is designed, supplied, built, or installed fully complete and ready to operate. The strategic assessment of the future of BWE concluded that the company should concentrate on supply on a turnkey basis, positioning itself on the market as. Originally Answered: What is meant by turnkey project? . X TO Y in turnkey basis you design the road you procure everything make the project.
turnkey project example
To me, the major difference is that EPC is a term that is fairly specific to the construction industry, whereas turnkey is am ore generic term which. Sunday Times News: One of the special modes of carrying out international business is a turnkey project. First, I think it should be on turn key basis. The grammar used here looks like a resume or a description of a job. It's note taking English and doesn't follow. Turnkey project definition: a complete project usually including many major units of plant completed under one | Meaning, pronunciation, translations and. The turnkey projects meaning, a contract under which a firm agrees to fully Example: A hotel project awarded on a turnkey basis means the contractor is. Turnkey construction contract - definition of Turnkey construction contract. ADVFN's comprehensive investing glossary. Money word definitions on nearly any. Turnkey definition, a person who has charge of the keys of a prison; jailer. See more. In construction and engineering, a contract under which, when a project is complete and handed over to the user, the user only has to turn a key to operate the. contracts were for supply plant and machinery on turnkey basis. Prior to it, another letter, dt. 21st June affidavit, the contract was for completion of project on. Turnkey plant engineering and construction – the realisation of complex Hence , we create the best possible basis for on-time, in-budget execution of turnkey.