How does the EPCM process work?

Investor

Selects the operating company and the EPCM contractor
Approves the proposed options for subcontractors

EPCM contractor

Consults with the operating company on the facility objectives and features
Selects and offers to the investor all subcontractors: construction designers, builders, and carriers
Allocates competences and responsibilities, assigns deadlines for all subcontractors
Controls the progress of construction simultaneously at all sites and stages
Completes the project, discharges contracts, transfers the facility to the investor
1
Basic
planning
2
Planning
design
3
Engineering
4
Implementation: procurement
and construction
5
Commissioning
6
Operation

Operating company

Consults the EPCM contractor since it has the relevant work experience at a similar facility
Accepts the facility for operation

Benefits of the EPCM approach

1
Time advantage owing to the ability to combine stages
2
Reduction in the project value owing to the cost control and proper selection of contractors
3
Predictable results and high level of control over the project progress
4
Quality advantage, no risks of “work misalignment”
5
Flexibility in use. The EPCM team can manage projects of any scale and scope
6
Flexibility in the selection of contractors, adaptation to the conditions of construction