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The full turnkey construction contract also referred to as "EPC" (Engineering, Procurement and Construction) offers full guarantee of efficiency in the implementation of the project with minimal intervention on the investor’s side. Responsibility is centralized in De Smet Engineers & Contractors' hands and do not expose investors to risk inherent to contracts with equipment suppliers and site services providers. The EPC contract guarantees compensation for delays in project completion and also assumes full responsibility for overall project cost and performances as defined in the Contract. The single point of control over for the total plant design and project management provided by the EPC contract greatly favours the homogeneity of the plant concept as well as of equipment and materials in general.
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