Model CategoryTurnkey / Lump Sum
Payment MechanismFixed Price / Milestone-Based
Time HorizonMedium to Long-Term
Typical SectorsIndustrial, Energy, Infrastructure
Strategic Applications
Greenfield Industrial Projects
LSTK contracts are ideal for projects where owners require a **fully delivered and operational asset** at a fixed price, including design, procurement, construction, and commissioning.
Infrastructure & Utilities
Applicable to roads, bridges, pipelines, and power/water plants where **fixed-price turnkey delivery** reduces cost uncertainty and ensures schedule adherence.
Project Suitability Analysis
Turnkey / LSTK is suitable for projects with **well-defined scope**, high technical complexity, and need for **guaranteed completion and operational readiness** at handover.
Risk Considerations & Mitigation
Key risks include design errors, procurement delays, construction defects, and schedule slippage. Mitigation relies on **fixed-price contracts, milestone payments, quality assurance, and performance guarantees**.
Comparable & Alternative Models
EPC · EPCC · EPCF · Turnkey / Lump Sum Contracts
This platform supports Turnkey / LSTK projects by connecting owners with contractors capable of delivering **fully operational assets at fixed price**, ensuring schedule adherence, quality, and risk mitigation.