BNET Business Dictionary

Business Definition for: Turnkey Contract

an agreement in which a contractor designs, constructs, and manages a project until it is ready to be handed over to the client and operation can begin immediately

Additional Resources

Nera ASA wins NOK31.3m turnkey contract in Honduras: TELECOMWORLDWIRE-18 April 2005-Nera ASA wins NOK31.3m turnkey contract in HondurasC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian wireless products and solutions provider Nera ASA said on Monday (18 April) that it had secured a NOK31.3m turnkey contract from the Honduran telecommunications company Hondutel. The contract covers equipment for a fixed...; Tags: Nera ASA; Research articles 2005-04-18
Vestas Wind Systems A/S wins EUR56m turnkey contract in Australia: NORDIC BUSINESS REPORT-17 June 2003-Vestas Wind Systems A/S wins EUR56m turnkey contract in AustraliaC1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com The Danish wind turbines manufacturer Vestas Wind Systems A/S said on Tuesday (17 June) that its wholly-owned subsidiary Vestas Australian Wind Technology Pty Ltd had received a EUR56m contract from Lake...; Tags: Vestas Wind Systems A/S; Research articles 2003-06-17
Vestas Wind Systems A/S wins EUR55m turnkey contract in Canada: NORDIC BUSINESS REPORT-6 August 2004-Vestas Wind Systems A/S wins EUR55m turnkey contract in CanadaC1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Danish wind turbines manufacturer Vestas Wind Systems A/S said on Friday (6 August) that it had won a EUR55m turnkey contract in Canada. The contract covers 30 units of...; Tags: Vestas Wind Systems A/S; Research articles 2004-08-06
Statoil ASA awards Vetco Aibel turnkey contract on Huldra platform: NORDIC BUSINESS REPORT-7 April 2005-Statoil ASA awards Vetco Aibel turnkey contract on Huldra platformC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian oil company Statoil ASA said on Thursday (7 April) that it had awarded Vetco Aibel a NOK320m turnkey contract for preparing the Huldra platform in the North Sea for...; Tags: Statoil ASA; Research articles 2005-04-07
Nera ASA wins NOK31.3m turnkey contract in Honduras: NORDIC BUSINESS REPORT-18 April 2005-Nera ASA wins NOK31.3m turnkey contract in HondurasC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian wireless products and solutions provider Nera ASA said on Monday (18 April) that it had secured a NOK31.3m turnkey contract from the Honduran telecommunications company Hondutel. The contract covers equipment for...; Tags: Nera ASA; Research articles 2005-04-18

TMIB awards US$43m turnkey contract to Ericsson, BUSINESS TIMES: Business Times Malaysia 11-11-2002 TELEKOM Malaysia International Bangladesh TMIB has awarded a US$43 million (US$1 = RM3.80) turnkey contract to Ericsson to supply equipment for its GSM 900 network expansion in Bangladesh. The first con Business Times...; Tags: Ericsson Inc., GSM; Research articles 2002-11-11
-RAYTHEON: Raytheon engineers & constructors awarded turnkey contract by Boeing.: M2 PRESSWIRE-2 October 1998-RAYTHEON: Raytheon engineers & constructors awarded turnkey contract by Boeing C1994-98 M2 COMMUNICATIONS LTD RDATE:300998 Raytheon Engineers & Constructors, a unit of Raytheon Company (NYSE: RTNA, RTNB), has been awarded a turnkey contract by the Boeing Company...; Tags: Boeing Co., Delta, Leadership, Raytheon Co.; Research articles 1998-10-02
Wartsila wins turnkey contract in Madagascar: NORDIC BUSINESS REPORT-8 November 2006-Wartsila wins turnkey contract in MadagascarC1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com The Finnish power plants and ship power solutions supplier Wartsila Corporation said on Wednesday (8 November) that it was awarded a turnkey contract in September 2006 to deliver a 20 MWe power plant for the...; Tags: Wartsila Corp.; Research articles 2006-11-08
Wartsila Corporation subsidiary win turnkey contract in Sweden: NORDIC BUSINESS REPORT-29 December 2004-Wartsila Corporation subsidiary win turnkey contract in SwedenC1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish ship power supplier and decentralized power generation systems provider Wartsila Corporation said on Wednesday (29 December) that its subsidiary Wartsila Biopower Oy had won a turnkey contract to supply a biomass-fuelled combined...; Tags: Wartsila Corp.; Research articles 2004-12-29
Motor Oil Hellas of Greece has awarded Technip a lump sum turnkey contract to meet European Union rules on fuel in sulphur at its Corinth refinery.(Brief Article): Motor Oil Hellas of Greece has awarded Technip a lump sum turnkey contract to meet European Union rules on fuel in sulphur at its Corinth refinery. The investment is valued above 300 million [euro]. The contract will meet regulations due into force at the start of 2005...; Tags: Technip; Research articles 2003-11-01
Raytheon Awarded Turnkey Contract in Excess of $100 Million for Fina Polyethylene Plant Expansion: LEXINGTON, Mass.--BUSINESS WIRE--Aug. 28, 1997--Raytheon Engineers & Constructors announced today that it has been awarded a lump-sum turnkey contract in excess of $100 million from Fina Oil and Chemical Company for a major expansion project.; Tags: Raytheon Co.; Research articles 1997-08-28
ABB wins $162 million turnkey contract to build power complex in Peru; U.S. unit to be prime subcontractor for gas processing facility: NORWALK, Conn.--BUSINESS WIRE--Aug. 6, 1996--ABB Group has been awarded a turnkey contract valued at approximately $162 million by Aguaytia Energy del Peru SRL, a private investor in the energy sector, to develop a power complex in Peru. The project's three parts include extracting the gas, building a 155 MW...; Tags: ABB; Research articles 1996-08-06
Ericsson wins turnkey contract in Singapore: NORDIC BUSINESS REPORT-5 February 2008-Ericsson wins turnkey contract in SingaporeC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com; Tags: Ericsson Inc.; Research articles 2008-02-05
Ericsson signs turnkey contract with Vodafone Netherlands: NORDIC BUSINESS REPORT-18 September 2007-Ericsson signs turnkey contract with Vodafone NetherlandsC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com; Tags: Ericsson Inc., Vodafone Group Plc.; Research articles 2007-09-18
Ericsson wins USD1.3bn turnkey contract in India: NORDIC BUSINESS REPORT-7 September 2007-Ericsson wins USD1.3bn turnkey contract in IndiaC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com; Tags: Ericsson Inc.; Research articles 2007-09-07
Turnkey contract for Dutch PTT: LEESBURG, Va.--BUSINESS WIRE--Nov. 30, 1995--Leading echo cancellation and voice enhancement specialist, Coherent Communications Systems, has been awarded a major turnkey contract by PTT Telecom Netherlands.Coherent is to supply and install over 600 groups of its EC-7000 Series 2 digital echo cancellers, which will be used on all of PTT Telecom's...; Tags: ASICs, Business Wire, cancellation, HARDWARE, network, NETWORKING, Semiconductors, software; Research articles 1995-11-30
CB&I Wins Turnkey Contract for LNG Storage Terminal in China: THE WOODLANDS, Texas -- CB&I (NYSE:CBI) has been awarded a lump-sum turnkey contract valued at approximately US$100 million for the design and construction of storage tanks at a new liquefied natural gas LNG import terminal in Fujian Province, Peoples Republic of China. The facility will be owned and operated by...; Tags: CNOOC Ltd.; Research articles 2005-04-12
Technip Consortium Awarded Turnkey Contract for Vietnam's First Grassroot Refinery: PARIS -- Technip (NYSE:TKP), leader in a consortium with JGC and Tecnicas Reunidas, has been awarded by Vietnam Oil & Gas Corporation Petrovietnam a lump sum turnkey contract for the engineering, procurement and construction of Vietnam's first crude oil refinery to be located in Dung Quat, south of Da Nang...; Tags: Technip; Research articles 2005-05-17
Yemen LNG has awarded a lump-sum turnkey contract worth over $2bn for the country's first liquefied natural gas plant to KBR, the engineering and construction arm of US-based Halliburton, and its joint venture partners, Technip, of France and Japan's JGC: Yemen LNG has awarded a lump-sum turnkey contract worth over $2bn for the country's first liquefied natural gas plant to KBR, the engineering and construction arm of US-based Halliburton, and its joint venture partners, Technip, of France and Japan's JGC. The plant, with two liquefaction trains with a combined capacity...; Tags: Halliburton Co., Technip; Research articles 2005-09-19
ICA Fluor and Ishikawajima sign turnkey contact for construction of gas terminal.: MEXICO CITY, Dec 19, 2003 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The consortium formed by ICA Fluor and Ishikawajima Harima Heavy Industries has signed the first turnkey contract for the construction of a liquid n MEXICO CITY, Dec 19, 2003 (El Economista/Corporate...; Tags: construction, ICA Corp.; Research articles 2003-12-22

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