Reliability through experience
Turnkey Construction (EPC) – full or partial
Semi-turnkey construction (partial EPC)
The Semi Turnkey setup is a Partial EPC (Engineering, Procurement and Construction) configuration whereby the investor can possibly procure directly some specific supplies and construction services if it is felt by him to be more cost effective and presenting a level of risk that he can control.
DSEC can nevertheless retain the overall assignment management and provide engineering, documentation and advisory services for all activities undertaken by the investor.
Full Turnkey construction (EPC)
The full turnkey construction setup also referred to as EPC (Engineering, Procurement and Construction) offers full guarantee of efficiency in the project implementation with minimal intervention from the investor’s side. It represents for DSEC an Obligation of Result.
Responsibility is centralised in DSEC’s hands and does not expose investors to risk inherent to contracts with equipment suppliers and site construction services providers.
The single point of control over for the total plant design and project management provided by the EPC contract greatly favours the homogeneity of the plant concept as well as of equipment and materials in general.
Contractual approach
As a General Contractor, De Smet Engineers & Contractors (DSEC) is capable to work with different contractual setups in order to meet customers’ needs. Its contractual approach is characterized by its flexibility and adaptability to specific contexts, from re-imbursable or lumpsum agreements, for FEL1/2/3, Basic Design or FEED, to full turnkey management contracts (EPCM – Engineering, Procurement and Construction Management services).