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Aspekte der Baubetriebslehre in Forschung und Praxis pp 39–50Cite as

Turnkey Model Contracts for Major Industrial Plant Projects (MIPP)

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Part of the book series: Baubetriebswirtschaftslehre und Infrastrukturmanagement ((BAUBWL))

Abstract

Major Industrial Plant Projects, abbreviated MIPP in the following, are large engineering projects. A MIPP is characterized by the following features (c.f. Erbe 2013: 3-6; 2014: 6): It involves planning and realizing (but not operating) an industrial process plant. It is a “Greenfield” investment requiring a Total Investment Cost (TIC) of a minimum of USD 100 million. TIC, for purposes of simplification, is understood to include the Engineering, Procurement and Construction (EPC) of a process plant. TIC comprises process engineering and equipment of over 50 %, typically 65-75 %, which, in simplified terms, represents the Engineering and Procurement (EP) part of the project. The remaining percentage of TIC is the Construction (C) part.

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Author information

Authors and Affiliations

  1. Technischen Universität Bergakademie Freiberg, Freiberg, Deutschland

    Anita Erbe M. Sc.

Authors
  1. Anita Erbe M. Sc.
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Editor information

Editors and Affiliations

  1. TU Braunschweig, Braunschweig, Germany

    Tanja Kessel

  2. TU Bergakademie Freiberg, Freiberg, Germany

    Marcel Gawlitta

  3. Public Sector Project Consultants GmbH, Berlin, Germany

    Corinna Hilbig

  4. TU Bergakademie Freiberg, Freiberg, Germany

    Martina Walther

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Erbe, A. (2015). Turnkey Model Contracts for Major Industrial Plant Projects (MIPP). In: Kessel, T., Gawlitta, M., Hilbig, C., Walther, M. (eds) Aspekte der Baubetriebslehre in Forschung und Praxis. Baubetriebswirtschaftslehre und Infrastrukturmanagement. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-09359-4_4

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  • DOI: https://doi.org/10.1007/978-3-658-09359-4_4

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  • Publisher Name: Springer Gabler, Wiesbaden

  • Print ISBN: 978-3-658-09358-7

  • Online ISBN: 978-3-658-09359-4

  • eBook Packages: Business and Economics (German Language)

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