A Turnkey Construction Project refers to a type of construction contract in which the contractor is responsible for the entire process, from design to the final delivery of the completed project, ready for use by the client. In essence, the client turns the key over to the contractor, who handles everything, making the space or building fully operational and functional by the end of the project.
Key Aspects:
Single Point of Responsibility- The well-skilled professionals who manage every stage of the project, including design, procurement, construction, and sometimes post-construction services.
Comprehensive Service- Our contractors involve a fully integrated process to take care of every detail, including planning, acquiring permits, hiring subcontractors, sourcing materials etc.
Time Efficiency- We design turnkey projects in a way to complete in a specified timeframe. Since our company is responsible for all aspects, the process tends to be more streamlined.
Quality Assurance- Our contractors are usually responsible for ensuring the quality of materials, craftsmanship etc. They are expected to meet the specifications agreed upon with the clients.
Benefits:
The clients do not have to juggle our team. It reduces miscommunications, contract disputes, or delays caused by overlapping responsibilities.
Clients do not have to negotiate with multiple contractors & suppliers. The responsibility for delays, quality control etc. rests with the contractor.
Clients can deal with one contractor or project manager for the entire project that makes communication more straightforward and reduces misunderstandings.
With all costs & responsibilities bundled into one contract, there is often less chance of cost overruns, as the contractor is incentivised to stay within budget etc.