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    Question

    In the context of infrastructure project finance where

    contractors take full responsibility from design to delivery, what is the full form of EPC?
    A Engineering, Planning, and Commissioning Correct Answer Incorrect Answer
    B Engineering, Procurement, and Construction Correct Answer Incorrect Answer
    C Estimation, Planning, and Coordination Correct Answer Incorrect Answer
    D Equipment, Procurement, and Construction Correct Answer Incorrect Answer
    E Engineering, Process, and Control Correct Answer Incorrect Answer

    Solution

    EPC contracts are turnkey solutions covering design, procurement, and construction, crucial for risk allocation and timely delivery in project finance.

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