We use cookies for analytics to improve your experience. Privacy Policy
عقد الهندسة والتوريد والبناء
EPC Contract (Engineering, Procurement & Construction) (EN)
A single-point-responsibility contract where the contractor assumes responsibility for the engineering design, procurement of materials and equipment, and construction of the facility, delivering a completed project to the employer on a turnkey basis. The FIDIC Silver Book is the standard-form EPC contract. EPC contracts are dominant in energy (power plants, refineries, LNG facilities), industrial (desalination, petrochemical), and infrastructure megaprojects across the GCC. Key features include a guaranteed maximum price (typically lump-sum), a fixed completion date with liquidated damages for delay, performance guarantees, and limited employer variation rights.