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Types of Contracts

Flexible in contract types

Orders are executed flexibly, depending on the contract and settlement models:

  • E (Engineering) - pure engineering work,
  • EP (Engineering, Procurement) - Engineering, tendering and main equipment procurement
  • EPCM (Engineering, Procurement, Construction Management) - Engineering, tendering and main equipment procurement, installation supervision
  • EPC (Engineering, Procurement on behalf of, and for the client, and construction), also called "Lump Sum Turn-key" - Engineering, tendering and main equipment procurement, installation supervision, project management

Each of these variants has specific advantages. Choosing the right one depends on the project constraints such as:

  • Plant type
  • Technical requirements
  • Customer Organization
  • Duration of the construction period

The financing of the project can also be handled differently:

  • Fixed price - 
  • Reimbursable 
  • Cost+Fee with incentive scheme -

The contract forms mentioned above, are available for our entire service portfolio and for the following plant types:

  • New plants
  • Debottlenecking / revamp / modernization of plants
  • Dismantling of plants