What is the difference between EPC,DBOOT and BOOT.
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Answer / nkn
These are the terms used in contracts, EPC - Engineering ,
Procurement , Construction; BOOT- build Own Operate
Transfer; DBOOT - Design Build Own Operate Transfer.
Is This Answer Correct ? | 22 Yes | 3 No |
In the EPC system, funds will be provided by the client
based on the client's estimation.The contractor has to
execute the project as per the scope of the client. In the
BOOT, the funds shall be of contractor's and based on
project viability, the contractor can collect fee from the
users for a specified period to get back his funds.
Wherein, the designs will be specified by the client. In
the DBOOT, contactor can do value engineering based on the
scope of the project and can get back his investment as in
the case of BOOT.
Is This Answer Correct ? | 15 Yes | 2 No |
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