EPC stands for Engineering, Procurement, Construction and is a prominent form of contracting agreement in the construction industry. JSC Resursas contractor will carry out the detailed engineering design of the project, procure all the equipment and materials necessary, and then construct to deliver a functioning facility or asset to their clients.
The EPC phase of the project is also known as the Execution phase which normally follows what is know as a or Front End Engineering Design phase. The FEED is a basic engineering design used as the basis for the EPC phase. The FEED can be divided into seperate packages covering different portions of the project. The FEED packages are used as the basis for bidding on when the client offers the EPC work to the market,