Question:

We shall have a EPC contract regards to build a Water Treatment Factory.
I have some questions as follows:

1.What’s different between Partnership contract and Sub-contraction.

  1. Would you please advice us the rights and obligation which type of contracts should we sign with our partner?

We’re looking forward to hearing from you

 Answer:

As your request, we would like to advise as follows:

With partnership contract, you and your business partner shall act as Joint EPC Contractors. Both of you shall be directly responsible before the investor.

Meanwhile, with Sub-contract, you shall act as Sub-Contractor only.

Being Sub-Contractor, you shall be responsible before the EPC Contractor who sign off the sub-contract with you.

 

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