Turnkey Basis Construction involves the conception, development, and preparation of projects with all services provided by a company under a contractual agreement. The completed project is handed over to the buyer when it is ready for operational use. The company is responsible for executing the turnkey plan as per the agreed-upon terms in the contract. Its scope of work encompasses design, construction, installation, post-completion support, and operational services for turnkey projects.
In this approach to global projects, a corporation seeking an industrial or services facility engages a third-party operator to plan and construct, rather than undertaking the entire process independently. The third-party operator is accountable for delivering everything from industrial facilities to supply chain services. Due to the higher turnkey construction costs in Pakistan, few construction firms can match the affordability and convenience offered by Build UP.
Turnkey construction projects are typically executed by a team of contractors and development leaders with expertise in the specific project type. These professionals handle all aspects of the project based on the provided project concept. The project is expected to meet the standards set by the project owner or client. The client’s involvement in the project is minimal, as they can anticipate the turnkey project to be delivered and fully operational upon completion.