COMPONENTS OF A TURNKEY CONTRACT What is Turnkey Construction? The term "Turnkey" is based on the concept of only needing to – ╸ ╸ To Put the Key in the Ignition to Drive the Vehicle Turn the Key to Unlock the Doors to Begin Operations An owner of a Future Project can simplify the building process drastically using Turnkey Construction. Once the contractor completes the job, the owner simply has to wait for it to be completed and then “Turn the Key” to use the new building or facility. In Short, A Turnkey contract means a contractor will be responsible for not just designing but also constructing the facility. 2 Hello! We are HomeDelight We serve as an Architect, Designer, Contractor and Subcontractor for You can find us at @homedelightofficial 3 1 Usually this type of Turnkey Contracts have 3 main components 1) Design 2) Supply Procurement 3) Construction “ We are the next generation of Turnkey Project Solutions. 5 Three Main Components Design: ╸ Contractors are responsible for creating the plans for a home or facility, so future owners do not have to hire architects and designers independently. Supply Procurement: ╸ Contractors procure materials through their own networks of suppliers, rather than the project owner or employer locating and purchasing supplies. Depending on the kind of turnkey contract, the owner may be able to specify supplier and materials. Construction: ╸ From start to finish, the contractor handles all construction details. This relives the owner of any time spent recruiting subcontractors or coordinating their hiring. A newly built building/facility is handed over to its new owner after it is completed, and the keys are passed to them. 6 Turnkey Project Solutions 7 What is the Role of HomeDelight Supply in Turnkey Construction? TO KNOW – Click the SOURCE Link: https://infohomedelight.wixsite.com/turnkey-projects/post/components-of-a-turnkey-contract Thanks! You can find us at: ╸ FB - @homedelightofficial ╸ Mail - info@homedelight.in ╸ Site - https://www.homedelight.in 9