The traditional engineer, procure, construct (EPC) project delivery method often leaves substantial gaps in productivity. In the procurement phase, significant time is spent waiting on the various trades’ proposals, followed by bid evaluation and award cycles that require owner resources and time. Critical projects often cannot afford this delay in productivity. Modern design-build project delivery integrates planning, engineering, procurement, and construction all under a single management, saving up to 36% of your project schedule. ITAC’s integrated services offer you an innovative design-build option starting with early planning through commissioning. Read more about our design-build capabilities here: https://lnkd.in/eyh6Uy7z #ITAC #innovativesolutions #assuredsuccess #appreciationpost #employeeappreciation #companyculture #engineering #construction #innovation #design #build #designbuild #engineeringlife #constructionlife #chesterva
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🔧 Transforming Visions into Reality! 🚀 Providing reliable EPC (Engineering, Procurement, and Construction) solutions to ensure your projects succeed from start to finish. #EPCSolutions #Engineering #Construction #InnovationInEngineering #SustainableConstruction #BuildingTheFuture #EngineeringExcellence #SmartConstruction #TechInConstruction #ConstructionTech #FutureOfEngineering #CivilEngineering #ModernConstruction #hypergreen #hyperenergy
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EPC (Engineering, Procurement, and Construction) contracts are pivotal in project delivery. Our latest article, published on July 4, 2024, explores this method where a single entity handles engineering design, material procurement, and construction oversight. #EPCcontracts #ProjectDelivery #Engineering #Procurement #Construction
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A practical guide to Engineering, Procurement and Construction (EPC) Contracts for Large Scale Projects. #epc #engineering #ProjectManagement #procurement #contracts #guide
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* Managing Long lead Items: In a typical structure & infrastructure projects, certain material items have a long timeline for procurement and delivery. This long delivery timeline has a strong influence on the overall project schedule, as the subsequent construction and installation can start only after these items get delivered. It is important for any engineering and construction project manager to properly identify and manage these items. Otherwise, the whole project timeline can get derailed. Any delay in procurement of certain items will definitely delay the subsequent installation and ultimately derail the project completion date. #Control #Planning #Projectmanagement #Construction
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Practical Guide to Engineering, Procurement and Construction Contracts for Large Scale Projects #Claim_Management #Procurement #Engineering #Construction_Contracts
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Design and Build Procurement In today’s fast-paced construction landscape, Design and Build (D&B) procurement stands out as a game-changer. Combining design and construction responsibilities under a single contract, it offers streamlined processes, reduced risk, and enhanced collaboration. 1. Single Point of Responsibility: One contractor handles both design and construction, simplifying communication and reducing potential conflicts. 2. Faster Project Delivery: Overlapping design and construction phases accelerate timelines without compromising quality. 3. Cost Certainty: Early contractor involvement ensures accurate pricing, minimizing unforeseen costs. 4. Enhanced Innovation: Contractors bring practical, buildable solutions from the outset, aligning design with execution. 5. Risk Allocation: The contractor assumes design risks, offering peace of mind for clients. Popularized in frameworks like FIDIC’s Yellow Book, Design and Build is ideal for projects where functional performance is critical, and flexibility in detailed design is beneficial. Whether you’re planning infrastructure, industrial facilities, or commercial buildings, D&B can deliver exceptional outcomes. Interested in implementing this approach for your next project? Let’s connect and discuss how we can transform your vision into reality! #DesignAndBuild #ConstructionProcurement #ProjectManagement #FIDIC
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🔧 Engineering Excellence! 📦 Proactive Procurement!! 🏗️ Superior Construction! At Current Design Group, every successful project is built on meticulous planning, precise execution, and seamless integration of all phases. Our nuanced approach to Engineering, Procurement, and Construction (EPC) sets us apart in the industry. 🌟 Engineering! We don't just design solutions; we innovate with purpose. Our experienced engineers tailor each project to meet specific needs, ensuring efficiency, safety, and sustainability at every step. 📦 Procurement! Beyond sourcing materials, we forge strong partnerships with suppliers to guarantee quality, timely delivery, and cost-effectiveness. Our procurement strategy is proactive, addressing potential challenges before they arise. 🏗️ Construction: Our construction phase is where plans come to life. With a focus on precision and quality, we manage every detail, ensuring projects are completed on time and within budget without compromising on excellence. Experience the Current Design Group difference, where each stage of EPC is handled with unmatched expertise and dedication. Let's build the future together. #Engineering #Procurement #Construction #EPC #Innovation #Quality #CurrentDesignGroup
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Our's decades of experience ensure that every project is a benchmark of excellence in engineering, procurement, and construction How do you define project success? #Nessco #EngineeringExcellence #Procurement #Construction #ProjectSuccess #LandmarkProject #BuildingExcellence #IndustryLeaders #ConstructionQuality #EngineeringAchievements
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First Phase of an EPC Project : Project Initiation and Feasibility Study The success of any EPC (Engineering, Procurement, and Construction) project begins with two critical stages: Project Initiation and Feasibility Study. These steps ensure that a project is viable before committing resources to full-scale execution. 1. Project Initiation This phase focuses on setting the foundation for the project. - Defining Scope : The project’s objectives, deliverables, and boundaries must be clearly outlined. What's in scope and out of scope should be identified early. - Stakeholder Identification : It’s essential to recognize all stakeholders (clients, contractors, suppliers) and understand their needs and expectations. - Business Case : The project must demonstrate value, whether financial, strategic, or risk-mitigation focused. - Resource Planning : Preliminary estimates for resources, including manpower and materials, should be created. - Project Charter : A formal document authorizing the project, defining key objectives, budget, and high-level timelines. - Risk Assessment : A preliminary risk review helps identify potential challenges and how they can be mitigated. 2. Feasibility Study This is the stage where the project’s practicality is rigorously evaluated. - Technical Feasibility : Can the project be realistically delivered with the available technology, design, and resources? - Economic Feasibility : A cost-benefit analysis helps to understand the project's financial viability. - Legal & Regulatory Feasibility : The project must comply with all legal requirements, including environmental and safety regulations. - Operational Feasibility : Assess the ability of the team and processes to execute and maintain the project. - Environmental Feasibility : Consider the environmental impact and sustainability of the project. - Risk Feasibility : Conduct a detailed risk analysis and develop mitigation strategies. Once the study is complete, a Go/No-Go Decision is made. If the project is feasible, detailed planning can commence. By taking these steps, we ensure that EPC projects are not only aligned with business goals but also positioned for success right from the start. #EPCProjectKickoff #FeasibilityStudy #ProjectInitiation #EPCExecution #EngineeringProjectManagement
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🚀 Ready to boost efficiency and avoid costly mistakes? Discover how the structured phases of FEL can transform your EPC projects today! Planning is EVERYTHING when it comes to Engineering, Procurement, and Construction (EPC) projects! 🏗️ #EPC #ProjectManagement #FEL #Construction #Engineering #Success #FEED #RiskManagement #CostEfficiency #DesignPlanning #ConstructionSuccess
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