Engineering, procurement in construction EPC


Companies seeking financing / outside investment to build large facilities such as energy plants, refineries, steel mills stadiums are generally required to obtain a lump sum, turn-key engineering, procurement, and construction contract with a credit worthy contractor with satisfactory industry-related experience and capabilities by the debt providers or equity investors. Such a contractor is an engineering, procurement, and construction (EPC) company. The EPC contractor will be required to provide single source process and schedule guarantees to minimize the risks to the parent company and investors.

Often these businesses become a global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure and emergency response markets.

A sample of such companies are:

Fluor Corporation, is one of the world's largest publicly owned engineering, procurement, construction, and maintenance services organizations.

Technip is a French engineering company, headquartered in La Défense, Paris.

The Metro Rail Transit Corporation private consortium responsible for the maintenance of the Manila Metro Rail Transit System.