Turnkey Services
Turnkey construction, also known as a turnkey project, is a
comprehensive service in the construction industry. Here’s how it works:
- 1.Definition: In a turnkey project, a single Party manages and executes
every step of the project, from concept to completion.
- 2.Key Players:
1. Developer: The driving force behind the project. They
conceptualize it, secure funds, and hire the construction
company.
2. Construction Company: Handles planning, design,
construction, and delivery.
3. Owner: The client who intends to use the finished facility.
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Advantages:
1. Single Point of Contact: Having a single point of contact
throughout the project minimizes confusion and streamlines
communication.
2. Time-Efficient: Turnkey projects are often completed faster
than traditional methods.
3. Cost Control: Integration of design, financing, procurement,
and construction simplifies project management for the
owner.
If you have any more questions or need further details, feel free to ask.
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