Engineering, Procurement and Construction (EPC) companies by definition are contractors that design a facility, procure materials and labor necessary and complete building a project. These tasks are either performed directly by the EPC company or by subcontracting parts of the work to other companies. EPC operate in two different models:
- Carry the project risk for schedule as well as budget in return for a fixed price, called lump-sum depending on the agreed scope of work.
- Perform the project based on cost-plus arrangement which allow them to charge for all engineering/procurement/construction regardless of the initial project budget
PROCAD’s software applications are designed to add efficiency in all aspects of the project. Here are some of the advantages EPC companies can realize from using PROCAD software:
- Easy deployment and setup as an enterprise application for unlimited number of users
- Minimal training required to avoid high costs of training personnel
- With project standards, assigning pipe specs, the applications create a cohesive environment where designers work from the same set of tools to ensures design consistency
- Efficient material BOM at the different stages of the project ensures that long delivery items are ordered in time for on-time delivery to the construction site
- Interface to automatic isometric generation ensures accuracy and minimizes errors
- Interface to stress analysis software (coming in PapriCAD 3D V2 and 3DSMART V2014)
