Which of the Following Best Explains 'Contract for Design-Procure-Construct (EPC)

question 28

Multiple Choice

Which of the following best explains 'contract for design-procure-construct (EPC) '? 

• A) Contractor designs and provides in accordance with the client's requirements, plant and/or other works. 
• B) Contractor constructs the project in accordance with the design provided by the client. 
• C) Contractor delivers project or work turnkey. 
• D) Contractor completes work at own risk and gets paid long-term payments after delivery.

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Definitions:

Charter of Rights

A formal document listing the rights and freedoms guaranteed to all citizens of a country or jurisdiction, often protected by law.

Parliamentary Supremacy

A principle of UK constitutional law stating that Parliament has the supreme legal authority to create or end any law, generally without any legal limit.

Legislation

Laws enacted by a governmental body, such as statutes or acts, established to regulate, authorize, sanction, grant, declare, or restrict.

Mediator

A neutral third party who facilitates discussion between parties to a dispute to encourage and assist their coming to an agreement; sometimes referred to as a conciliator.