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Copyright © International Chamber of Commerce (ICC). All rights reserved.
( Source of the document: ICC Digital Library )
Turnkey contracts take a range of forms and at present no single model contract covers them all.
The Model Contract for the Turnkey Supply of an Industrial Plant has special characteristics:
This ICC Model Contract takes account of all of these specifics and contains enough flexibility for the parties to work out special situations for themselves. To leave the greatest possible space to alternative solutions, many issues (for example, raw materials, time schedule, erection equipment, etc.) are covered in the useful annexes.