A turnkey project is a contract where a firm agrees to fully design, construct, equip, and hand over a completed manufacturing or business facility to the purchaser when it is ready for operation, for a flat fee. The contractor is responsible for designing, building, and operating the facility based on the client's specifications. The process involves the contractor issuing a tender, evaluating eligible bidders, executing the project, and delivering a finished project to the client. Payment can be made entirely in cash or through a mix of cash and allowing the contractor to manage the facility for a period of time to earn back part of the fee.
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Turnkey project
1. Turnkey project
presented by:
Ginna Ramírez Feriz
Juan Diego López
2. What is a turnkey project?
It is a contract under which a firm
agrees to fully design, construct and
equip a manufacturing/ business/
service facility and turn the project
over to the purchaser when it is
ready for operation for a
remuneration.
3. Turnkey
project
The turnkey project is one
in which the contractor
agrees to the client, in
exchange for a fee,
usually a flat rate, to
design, build and operate
a particular work that he
previously projected.
4. process of turnkey project
contractor
tender for the
project
• Wanted: who
is eligible and
what is the
best contract
execution
project delivery and
execution
5. Method of payment
CASH Management service
countries credit with another
institution
or may be mixed
A portion is paid in cash and
the other Management
service countries
6. All we are part of a turnkey project
Because all pay tax
health
infraestructura
7. Example turnkey project
A bid (also called tender or contract the public and private
sector) is the administrative procedure for the
procurement of supplies, performance of services or
works that celebrate the entities, agencies and entities
within the Public Sector.
Ex For the construction of a highway local government
makes a contest and choose the best proposal for the
construction of this.
is paid in cash or through negotiation pays part and the
rest is left to the management of the group that built to
kick in a certain time in this case money through tolls
