Complete execution of the project, from the development of conceptual, basic, and detailed industrial engineering to the completion of the work. It includes staff training for operating the equipment and managing the facilities, as well as conducting tests before project delivery. Industrial engineering and construction are carried out while maintaining constant communication with the client and holding regular meetings to report on progress and address requests for changes or modifications.
This approach can be managed by establishing a guaranteed maximum price, which is adjusted downward during the project’s development. The turnkey project is one where the contractor assumes full responsibility for the project, from conceptualization to detailed engineering development, project execution, and commissioning. Turnkey projects are usually contracted at a lump sum price to ensure the client a fixed price that is respected until the project is completed. For this, the contractor must have in-depth knowledge of the type of construction to be carried out to avoid leaving any critical aspects unconsidered, which could affect them.