EXECUTION OF INVESTMENT AND CONSTRUCTION PROJECT THROUGH EPCM CONTRACT COMPRISES

EXECUTION OF INVESTMENT AND CONSTRUCTION PROJECT THROUGH EPCM CONTRACT COMPRISES:

Investor acts as a nominal Client, although most of functions are given to EPCM- contractor;

Different variants of responsibility sharing are acceptable (possible), (also it is possible when Investor sets up all contracts);

Reward for project management and responsibility is divided;

Areas of responsibility can be amended during project execution as agreed by parties;

Main aim is construction of new, big objects of direct investments, with which the Clients plans to operate;

Client recruits an experienced experts who confirms solutions of EPCM contractor.