EPC stands for Engineering, Procurement, Construction and is a prominent form of contracting agreement in the construction industry. The engineering and construction contractor will carry out the detailed engineering design of the project, procure all the equipment and materials necessary, and then construct to deliver a functioning facility or asset to their clients. Companies that deliver EPC Projects are commonly referred to as EPC Contractors.
The EPC phase of the project is also known as the Execution phase which normally follows the FEED or Front End Engineering Design phase. The FEED is a basic engineering design used as the basis for the EPC phase. The FEED can be divided into separate packages covering different portions of the project. The FEED packages are used as the basis for bidding on when the client offers the EPC work to the market.
Normally the EPC Contractor has to execute and deliver the project within an agreed time and budget, commonly known as a Lump Sum Turn Key (LSTK) Contract. An EPC LSTK Contract places the risk for schedule and budget on the EPC Contractor.
ABLE Instruments & Controls are an established supplier of process and analytical instrumentation solutions with significant experience of supply to the Oil & Gas, Petrochemical, Power, Water and Pharmaceutical sectors, in particular as part of major EPC Projects.
ABLEs project management infrastructure, engineering knowledge and systems integration capabilities represent key components in the execution of an EPC Project and make us eminently suited to ensure instrument packages are delivered correctly to specification and on schedule.
Efficient document control is also critical to the smooth running of any EPC project. ABLE can handle all documentation requirements from technical CAD drawings to dossier translations in any language providing bespoke documentation supply & control with electronic exchange.
Once the scope of supply is complete, the process is underpinned by ABLE’s highly trained service team who are fully equipped to provide Installation, commissioning and maintenance services throughout the world.