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Turnkey Contracts and Substituted Performance

LexForti

Turnkey contracts place responsibility for designing, engineering, procurement, and construction of an entire project on a single contractor, such that following completion, the client receives a ready-to-use facility. [4] Hereinafter, ‘NITI Aayog Model Contract’ xix. [3] 9] NITI Aayog Model Contract (n 2) xvi. [10]