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Engineering Procurement and Construction (EPC) is a term used in the construction industry to describe a service provider that is responsible for the complete design, procurement, and construction of a project. This type of service provider is typically hired by a client to provide a turnkey solution for a project, from the initial concept and design to the final construction and commissioning. The EPC contractor is responsible for the management of the entire project, including the coordination of all subcontractors and suppliers, and the management of the project budget and timeline.
EPC contractors are typically large, multi-disciplinary firms that have the resources and expertise to manage complex projects. They are often responsible for the design and engineering of the project, as well as the procurement of materials and equipment, and the construction of the project.
Some of the major companies in the EPC market include Bechtel, Fluor, Kiewit, AECOM, and Jacobs Engineering. Show Less Read more