Apr 14, 2008 06:22
16 yrs ago
1 viewer *
English term
S P Bharti
Turnkey basis warranty
Non-PRO
English
Tech/Engineering
Nuclear Eng/Sci
oil sector
warranty in oil sector projects on turnkey basis
Responses
| 5 +5 | Warranty to complete |
Gary D
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| 3 | turnkey |
José Patrício
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Responses
+5
32 mins
Selected
Warranty to complete
Turnkey simply means that the project will be completed and able to be in opperation when the owner takes the keys / takes over the project.
The warranty s that the project will be at operation stage at a given time when it was agreed to and completed and in operation.
If I built a engine for a car and built it to the turnkey stage, when you buy it you just have to turn the key and it will start and run, It will have all the oils, coolants, fuel and you will not have to do anything but turn the key to start it when you get it. I would warrant that this is how you will get it. They just use the same terminology for projects.
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Note added at 17 hrs (2008-04-14 23:25:07 GMT)
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They also use the term when you buy a business, "Turnkey Business for sale"
Simply means you buy the business on a "walk in, walk out" deal, and the business is fully stocked and a going concern.
The warranty s that the project will be at operation stage at a given time when it was agreed to and completed and in operation.
If I built a engine for a car and built it to the turnkey stage, when you buy it you just have to turn the key and it will start and run, It will have all the oils, coolants, fuel and you will not have to do anything but turn the key to start it when you get it. I would warrant that this is how you will get it. They just use the same terminology for projects.
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Note added at 17 hrs (2008-04-14 23:25:07 GMT)
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They also use the term when you buy a business, "Turnkey Business for sale"
Simply means you buy the business on a "walk in, walk out" deal, and the business is fully stocked and a going concern.
Peer comment(s):
| agree |
kmtext
11 mins
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Thank you
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| agree |
Alaa AHMED
40 mins
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Thank You
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| agree |
Phong Le
1 hr
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Thank You
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| agree |
orientalhorizon
3 hrs
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Thank You
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| agree |
V_Nedkov
4 hrs
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Thank You
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4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
8 mins
turnkey
A turnkey or a turnkey project is a project in which separate entities are responsible for setting up a plant or equipment (e.g. trains/infrastructure) and for putting it into operation.
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Note added at 16 mins (2008-04-14 06:39:27 GMT)
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http://en.wikipedia.org/wiki/Turnkey
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Note added at 16 mins (2008-04-14 06:39:27 GMT)
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http://en.wikipedia.org/wiki/Turnkey
Note from asker:
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