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Turnkeyproject 120923195204 Phpapp02

A turnkey project is a contract where a firm agrees to fully design, construct, equip, and deliver a completed facility ready for operation to the client. The contractor is responsible for all aspects of the project from design to completion. In a turnkey project, the contractor provides the client, in exchange for payment of an agreed upon fee, a fully functioning facility or system that was previously designed and planned by the contractor. Payment for turnkey projects can be made entirely in cash or partially in cash with the remainder through management services provided by the contractor for an agreed upon time period after completion. Examples of turnkey projects include the construction of highways, manufacturing facilities, and other infrastructure projects.

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0% found this document useful (0 votes)
30 views9 pages

Turnkeyproject 120923195204 Phpapp02

A turnkey project is a contract where a firm agrees to fully design, construct, equip, and deliver a completed facility ready for operation to the client. The contractor is responsible for all aspects of the project from design to completion. In a turnkey project, the contractor provides the client, in exchange for payment of an agreed upon fee, a fully functioning facility or system that was previously designed and planned by the contractor. Payment for turnkey projects can be made entirely in cash or partially in cash with the remainder through management services provided by the contractor for an agreed upon time period after completion. Examples of turnkey projects include the construction of highways, manufacturing facilities, and other infrastructure projects.

Uploaded by

Bart Kwan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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U

K
N
R

O
PR

T
C
E
J

Y
E

WHAT IS A TURNKEY PROJECT?

It is a contract under which a firm agrees


to fully design, construct and equip a
manufacturing/
business/
service
facility and turn the project over to the
client when it is ready for operation.

Turnkey
project
The turnkey project is
one in which the
contractor agrees to
the client, in
exchange for a fee,
usually a flat rate, to
design, build and
operate a particular
work that he
previously projected.

PROCESS OF TURNKEY PROJECT

contract
or

tender for the


project
Wanted:
who is
eligible and
what is the
best contract

executio
n

project delivery
and execution

METHOD OF PAYMENT

CASH

Management
service countries

or may be mixed

A portion is paid in cash


and the other
Management service
countries

credit with
another
institution

ALL WE ARE PART OF A TURNKEY PROJECT

Because all pay tax

health
infraestructu
ra

EXAMPLE TURNKEY PROJECT


A bid (also called tender or contract the public and private sector)
is the administrative procedure for the procurement of supplies,
performance of services or works that celebrate the entities,
agencies and entities within the Public Sector.
Ex For the construction of a highway local government makes a
contest and choose the best proposal for the construction of
this.
is paid in cash or through negotiation pays part and the rest is left
to the management of the group that built to kick in a certain
time in this case money through tolls

BIBLIOGRAFIA
http://en.wikipedia.org/wiki/Turnkey
http://www.balperin.com.mx/servicio_proyecto_llave_mano.shtm
l

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