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Turnkey

A turnkey or turnkey project is a type of project that is constructed so that it could be sold to any buyer as a completed product. International turnkey construction projects are often complex transactions, requiring correspondingly complex legal documentation. Moreover, nowadays such major…

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Turnkey contract

An agreement under which a builder agrees to complete a facility so that it is ready for use when delivered to the other contracting party. A contractor may agree, for example, to build a fully equipped ad operational factory under…

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