turnkey
Sign in to saveAlso known as turnkey project, turnkey system
A turnkey project (or turnkey operation) is one constructed so it can be sold to a 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 assumption that the buyer would complete it.
~5 min read
Article
4 sectionsContents
- Common usage
- Specific usage
- See also
- References
A turnkey project (or turnkey operation) is one constructed so it can be sold to a 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 assumption that the buyer would complete it.
A turnkey project or contract as described by Duncan Wallace (1984) is