The term turnkey project (Turn-key delivery) describes a project (or the delivery of such) in which the supplier or provider is responsible to the client for the total result of the project and presents it to the client, finished and ready to use.

A turnkey project is one which is designed, developed and equipped with all facilities by a company under a contract. It is handed over to a buyer when it becomes ready to operate business. Obviously, the company responsible for building a turnkey project does it for the cost as agreed in the contract.

A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds an item to the buyer's exact specifications, or when an incomplete product is sold with the ...

A turnkey project is a delivery method in which a contractor works with a project owner under a single contract to complete all project stages from detail engineering through construction. Turnkey projects can eliminate inconveniences for the project owner by placing responsibilities on the contractor that would otherwise fall on the owner in a ...

Suzanne Kvilhaug. What Is a Turnkey Business? A turnkey business is a business that is ready to use, existing in a condition that allows for immediate operation. The term "turnkey" is based on...

If you're considering a commercial construction project, you might consider turnkey projects. But if the concept is new to you, you'll likely have questions. Today, we'll share everything you need to know about turnkey projects, including examples, advantages, disadvantages, and getting started.

Key Takeaways. Turnkey is a word that can be used to describe a solution, a business, or a property. A turnkey solution is the opposite of a custom-built solution. Turnkey solutions are...