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A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product.
Benefits of Turnkey ManufacturingOne Company to Contact. Nothing kills the timeline of your project like having to communicate with multiple companies and trying to get multiple companies to communicate with each other.One Company Sending Invoices.Design and Manufacturing in Sync.Costs are Cut.Greater Quality.
The Benefits of Turnkey Interior ContractingDesign Needs - A turnkey solution provider is well qualified to understand your design needs completely.Reduction in Costs Single Invoice and Payment Better Quality Fixed Timeline Single Responsibility
A turnkey business may refer to a business that can be purchased without having to make any changes to the business model or products sold. For example, a franchise like Taco Bell is a type of turnkey business.
A contract in which a company is given full responsibility to plan and build something that the client must be able to use as soon as it is finished without needing to do any further work on it themselves: The stadium is being built under a turnkey contract.
Definition of turnkey project a development in which a developer completes the entire project on behalf of a buyer; the developer turns over the keys to the buyer at completion. Example: Many government-owned public housing projects are turnkey projects.
A contract in which a company is given full responsibility to plan and build something that the client must be able to use as soon as it is finished without needing to do any further work on it themselves: The stadium is being built under a turnkey contract.
Some of the few examples of Turnkey Projects include Engineering Projects, large construction projects i.e Construction of Airports, Ports, skyscrapers, Bridges, In IT (turn-key implementation of information systems), and more.
Turnkey basis means the scheme of supply in which supplier shall be responsible for design, manufacture, supply, site preparation & services, installation and commissioning of equipment, tests and trials, training, maintenance and handing over to the Purchaser for operation.