L6M5 practice question 10 of 15
Which of the following is an advantage to the contractor in an EPC contract arrangement? EPC contracts provide several benefits to contractors, such as clear project scope, reduced risks, and better project management. Answer Options:
Full set: 83 questionsCorrect Answer:
A. The scope is clearly defined by the client
Explanation
The correct answer is 1 (p.13). The scope is clearly defined by the client, making it easier for the contractor to plan and execute the project efficiently. Option 2 is incorrect because not all EPC contracts offer an early completion bonus. Option 3 is incorrect because EPC contracts can include subcontractors. Option 4 is incorrect because risks are shared between the client and contractor. [P.13]
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