What are the advantages of EPC general contracting model compared with the traditional model

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Original Publisher:1505007029

The stomach to identify the sP canthus Russian EEPC general contracting mode compared with the traditional model Meng Xianhai Ziren Dondrub Zhao Qi Editor's note: EPC mode is a new general contracting mode of the project in the international engineering contracting market, and is also a contracting mode that the Ministry of Construction is vigorously promoting in China. The EPC model is a new general contracting model in the international engineering contracting market, and it is also a contracting model that the Ministry of Construction is vigorously promoting in China. In this paper, several authors from the Department of Construction Management of Tsinghua University have made an all-round comparison between EPC general contracting and the traditional mode. By analyzing the main differences between them. To make the reader have a clearer concept of EPC general contracting model. EPC mode is generally applicable to large-scale industrial investment projects, mainly in the petroleum, chemical, metallurgical and power projects. Projects constructed in this mode are characterized by large investment scale, high professional and technical requirements, and difficult management. In this type of project, equipment and materials accounted for a high proportion of the total investment, the procurement process is long, and a lot of equipment needs to be single master to reduce the cost of the project. And in the EPC mode. As in the bidding stage, the owner can generally only give the project's expected goals, functional requirements and design standards, but also can not provide detailed design drawings. Coupled with the large-scale EPC projects, professional and technical complexity, the risk of contractors bidding is very high, the general contractor if there is no greater certainty of winning the bid will give up bidding. Therefore, in engineering practice, EPC project owners often take the invitation to tender or bidding, many issues may ultimately rely on the two sides through negotiations to solve. Obviously, the result will greatly reduce the competitiveness among contractors. Different scope of application of the traditional mode (TraditionalDelive珂Method) is mainly applicable to housing construction projects, rarely involved in complex equipment