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Difference BetweenEPC & PMC

In the construction industry, Engineering, Procurement, and Construction (EPC) is a form of contracting agreement where the contractor is responsible for all the engineering services on a project. Project Management Consultancy (PMC) or Project Management Services is a contract where a consultant will oversee the EPC contractors’ work to ensure compliance and execution of the project in accordance with the client's scope of work.
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0% found this document useful (0 votes)
25 views

Difference BetweenEPC & PMC

In the construction industry, Engineering, Procurement, and Construction (EPC) is a form of contracting agreement where the contractor is responsible for all the engineering services on a project. Project Management Consultancy (PMC) or Project Management Services is a contract where a consultant will oversee the EPC contractors’ work to ensure compliance and execution of the project in accordance with the client's scope of work.
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What is the difference between EPC & PMC?

In the construction industry, Engineering, Procurement, and Construction (EPC) is a form of


contracting agreement where the contractor is responsible for all the engineering services
on a project. This includes detailed engineering design of the project, procurement, and
production of construction materials and equipment as well as commissioning, delivery of
completed, functional construction or facility to the client. The EPC service provider is
required to complete the construction and delivery within an agreed time and budget. These
contracts are also known as Turnkey Contracts as it obliges the contractor to deliver a
facility that can start operating with the turn of a key.

Project Management Consultancy (PMC) or Project Management Services is a contract where


a consultant will oversee the EPC contractors’ work to ensure compliance and execution of
the project in accordance with the client's scope of work. Project Management Consultancies
plan, implement, solve problems and manage all the activities involved in the EPC project,
dealing with various factors such as cost budgeting, stakeholders, human resources,
scheduling, risk identification, monitoring and controlling. PMC also enables the provision of
experts from different fields to ensure the successful completion of the project aligned with
the client’s goals and objectives.

Project Management Consultancy is an interface between the EPC contractor and the client.
PMC’s are usually involved with the total project life cycle from conception to project
closeout. The type of services provided depends on the scope and scale of projects as PMC
takes prominence in cases of complex and large ventures that call for close coordination.
Sterling and Wilson is a leading ​EPC contractor in across the globe, with services such as
MEP (mechanical, electrical and plumbing), cogeneration solutions, turnkey data centers,
transmission and distribution, and operations and management services. Shapoorji Pallonji
EPC operates in the field of metals and minerals, power, industrial solutions, and other
specialized projects in the area of defense and chemical plants in India and global markets.
Sterling and Wilson, Shapoorji Pallonji’s solar EPC business is the largest ​solar EPC
Contractor in India with a market share of 16.6%, 3 times the size of its closest competitor.
It also takes the spot as the second-largest utility-scale EPC company in the world with a
presence in over 25 countries.

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