1, with different purposes: the fundamental purpose of ppp is to solve local debts, while the fundamental purpose of epc is to reduce project costs and improve quality.
2. Different contents: ppp includes the design, financing, construction and operation of infrastructure and public services, while epc includes the design, procurement, construction and trial operation of government procurement projects.
3. The term of cooperation is different: ppp has a minimum of 10 year and generally does not exceed 30 years, while epc has no specific term.
4. Different in nature: PPP means that in the field of public services, the government selects social capital with investment and operation management capabilities in a competitive way, so that both parties can sign contracts according to the principle of equal consultation, and social capital provides public services, and the government pays social capital according to the performance evaluation results of public services, while epc means that the company accepts the entrustment of the owner and fully implements the design, procurement, construction and EPC of engineering construction projects according to the contract.
Characteristics of epc
Under EPC general contracting mode, the employer (owner) should not be too strict with the general contractor, but should give the general contractor more freedom in the construction of construction projects. For example, employers (owners) should not review most construction drawings and should not check every construction process. What the owner (owner) needs to do is to know the progress of the project, whether the quality of the project meets the requirements of the contract, and whether the construction result can finally meet the functional standards of the construction project stipulated in the contract.
The general contractor of EPC general contracting project takes overall responsibility for the whole process of "design, procurement and construction" of construction project, and takes overall responsibility for the quality of construction project and the performance of various professional subcontractors of construction project. That is, the general contractor is the first responsible person of EPC general contracting project.
The above contents refer to Baidu Encyclopedia -EPC.