Construction

Optimising EPC Contracts in COVID-19 Crisis

June 10, 2022

Optimising EPC
The coronavirus outbreak (COVID-19), the prolonged quarantine responsesand the enormous economic uncertainty are affecting the normal development of EPC contracts. EPC stands for Engineering, Procurement and Construction and is a prominent
form of a contracting agreement in the construction industry. They are not only carried out in the construction sector, but also in other industries such as power generation, oil & gas, petrochemical, chemical, water treatment, mining, among other sectors. The EPC model is used where an owner or employer wishes to engage a contractor to undertake the engineering, procurement and construction of a project. Normally the EPC Contractor has to execute and deliver the project within an agreed time and budget, commonly known as a Lump Sum Turn Key (LSTK) Contract.

Spotlight

Collider

Collider has invented a solution to expand the materials that can be used in 3D printing, to solve problems 3D printing has never been able to achieve. We make parts in thousands of off-the-shelf manufacturing materials including plastic, rubber, silicone and metal. Our technology has access to all the advantages 3D printing has to offer, including geometric capabilities and zero tooling cost, at a lower cost than injection molding.

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Realizing Connected Construction Promises: Unlocking Growth through Value Chain Digitization and Efficiency Monitoring

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Engineering and construction (E&C) companies have traditionally accepted this volatility as a result of the inherent complexity of jobs: Construction projects bring together contractors, suppliers, equipment, labor, and global supply chains that are more precarious than ever. But one root problem is that most E&C companies are still trying to juggle this high level of complexity with a relatively low level of technology adoption. The construction industry lags far behind nearly all others in digitization, spending less than 2% of revenue on Information Technology

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Spotlight

Collider

Collider has invented a solution to expand the materials that can be used in 3D printing, to solve problems 3D printing has never been able to achieve. We make parts in thousands of off-the-shelf manufacturing materials including plastic, rubber, silicone and metal. Our technology has access to all the advantages 3D printing has to offer, including geometric capabilities and zero tooling cost, at a lower cost than injection molding.

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