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Amensa Group Company
Complete turnkey construction
Turnkey Contracts System in Contracting Works
Introduction
The turnkey contracts system is one of the most popular contracts used in the contracting sector, especially in building construction projects, villas, residential buildings, and commercial complexes. This system relies on the contractor executing the entire project and delivering it ready for use to the employer without the need for his intervention in the details of implementation.
First: Definition of the turnkey contracts system
A turnkey contract is a comprehensive contract between the project owner (owner) and the contractor, in which the contractor undertakes to design and implement the entire project according to the specified specifications, and deliver it ready for operation. The contractor bears all phases of the project, from planning, design and construction to final fit-out and final delivery.
Second: Features of the turnkey system
- Reduce the administrative burdens on the owner.
- Clarity of costs where a predetermined price is agreed.
- Reduce the financial and technical risks of the owner.
- Ensure the speed of implementation due to the integration of design and implementation.
- Improving quality and integration of work.
Third: Stages of implementation of the turnkey contract
- Studies and design stage: preparation of engineering and architectural designs.
- Contracting and approval stage: signing the contract and determining the conditions of implementation.
- Implementation and construction phase: commencement of construction and building works.
- Stage of finishes and final equipment: implementation of finishes and installation of equipment.
- Inspection and final delivery phase: conducting comprehensive checks and handing over the project to the owner.
Fourth: Types of projects that are implemented on a turnkey system
- Villas and residential buildings.
- Residential complexes.
- Commercial complexes and malls.
- Administrative buildings and hotels.
Fifth: Factors affecting the success of a turnkey contract
- Selection of a qualified and reliable contractor.
- Clearly define the technical specifications.
- Risk and cost management.
- Periodic follow-up of the project.
- Agreement on post-delivery guarantees.
Sixth: The difference between a turnkey contract and traditional contracting contracts
Boomer | Turnkey Contract | Traditional Contract |
Project Management | The contractor is responsible for all stages | The owner deals with several parties (consultant, subcontractors) |
Cost | Predetermined and fixed cost | May change depending on circumstances and requirements |
Duration of implementation | Faster due to business integration | May be longer due to multilateralism |
Risk | Fully borne by the contractor | The owner bears part of the risk |
