Turnkey Projects
Under Turnkey projects, we design, construct and equip a manufacturing/ business/ service facility and hand over to the purchaser when it is ready for operation for remuneration.
What is Turnkey?
The term turn-key project (Turn-key delivery) describes a project ( or the delivery of such) in which the supplier or provider is responsible to the client for the entire result of the project and presents it to the client completely finished and ready to use. In fact, the client should be able “just to turn the key.” The supplier of a turn-key project is called the general contractor (or main supplier, direct supplier or main contractor). Synonyms for the term turn-key project are turn-key solution, turn-key delivery, or ready-to-use.
Turnkey in practice
In a turn-key project, the supplier takes on complete responsibility for the adherence to delivery dates, the scope and the cost of the entire subject of delivery to the customer. The customer thus is not affected by any risks inside the project and the result of the project is covered by one agreement. Deliveries in the form of turn-key projects are used in many areas, e.g. in IT (turn-key implementation of information systems), engineering, large construction projects, civil engineering and a number of other areas. The turn-key project is usually very complex and may involve the development and design, the production and the delivery and set-up or installation of the project.
Subscribe our Newsletter
Copyright © 2018 Sine lab