What are the disadvantages of EPC?

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One of the drawbacks of EPC (Engineering, Procurement, and Construction) contracts is the limited control project owners may have over the design and execution processes. This can be a cause for concern among stakeholders who desire a greater degree of involvement and influence in shaping the final project outcome. The integrated approach of EPC contracts, while efficient, may restrict owners' ability to make changes or adjustments during the project lifecycle.

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Another disadvantage of EPC contracts relates to the higher initial costs perceived by some. The comprehensive nature of the services offered, encompassing engineering, procurement, and construction, can result in an initially steeper price tag compared to traditional contracting methods. This upfront cost may deter some project owners or necessitate careful financial planning to ensure feasibility.

EPC contracts also involve a significant degree of risk transfer from the owner to the contractor. While this can be advantageous for owners seeking to mitigate their own risks, it can also mean that the contractor assumes a greater financial burden. In case of unforeseen circumstances or project delays, the contractor may face significant losses, potentially impacting their financial stability and future projects.