Engineering Procurement Contract

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
EPC
Pronunciation
/ˈɛnʤəˈnɪrɪŋ proʊˈkjʊrmənt ˈkɑnˌtrækt/
Category
Business
Related Field
Accounting

Examples in Context

  1. But as a lump-sum price contract of Engineering, Procurement and Construction, EPC contract also has some special legal characteristics.
  2. This paper introduces that in the bidding and proposal stage, the constitution of engineering design cost, procurement service cost, construction management cost of project turnkey contract and its estimation method, new view points are raised for the relation between direct cost and indirect cost.
  3. Engineering, Procurement and Construction ( abbreviated as EPC ) on the basis of turkey contract has become an important pattern of construction in China's construction market, which provides full-function and overall-process services for industrial project.

Other meanings of EPC