LSTK definition

LSTK means Lumpsum Turnkey
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LSTK means Lumpsum Turnkey Project and shall be executed on LSTK basis as per the scope of work defined in this PQ booklet.
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LSTK. ’ shall mean Lump-Sum Turnkey.
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Examples of LSTK in a sentence

  • Cost overruns on lump sum turnkey (LSTK) projects continue to challenge Engineering, Procurement, and Construction (EPC) contractors.

  • Work Experience applicable for roles in Grade E2 and E3 • Supervisory/Executive/Managerial Role at Project sites at Petroleum/ Refining/ Petrochemical/ Chemical/ Fertilizer or ProjectService Providers like Project Management Consultants / LSTK Contractors related to the above Sectors.

  • BHEL as Bidder intends to engage as an ESC for providing Engineering Services for Detailed Engineering during Post order stage (if BHEL bags the order as LSTK), scope as defined in the Tender document referred here above and subsequent amendments issued by BCGCL, if any (here in after referred to as “Project”) to Customer on EPC basis in line with responsibility matrix annexed hereto as Doc.

  • CRUSHING/MILLING RATE, each >90% 125 tph*** - Includes separate test of tooth roll crusher circuit - 20 day continuous test 100% Design Rate - Total milling, over at least 20 days 100% 125 tph - Crushed product size 100% 100%<250 mm - Milled product 100% 80%<75 microns * Crushing and milling rates and other specifications are taken from the MDM LSTK Contract dated July 2005.

  • Engineering, pro Cost overruns on lump sum turnkey (LSTK) projects continue to challenge Engineering, Procurement, and Construction (EPC) contractors.

  • For role I to V Project Service provider would mean the EPMC consultants handling single job of project worth of more than Rs. 25 crore and EPC / LSTK consultants / contractors handling single job of project worth of more than Rs. 50 crore, which has been in operation for past 5 years.

  • In case Completion period offered by the Bidder exceeds beyond the preferred period indicated in the ITB, the TOTAL LSTK CONTRACT PRICE shall be loaded by an amount calculated on the basis of 0.5% increase in the TOTAL LSTK CONTRACT PRICE for each week ( or part thereof ) of extended period offered by the Bidder.

  • Normally, the EPC service provider is obliged to complete the construction project within a given time and budget – such agreements are also known as lump sum turnkey (LSTK) contracts.

  • Bidders must have supplied & erected on LSTK basis at least two nos of PGR units of minimum capacity of 12000 NM3/hr with Hydrogen recovery of more than or equal to 90 %.

  • GAS will use reasonable efforts to correct Serious Conditions within two (2) working days of receipt of the request for assistance.

Related to LSTK

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • CJA means the Courts of Justice Act, RSO 1990, c C-43, as amended;

  • IMRO means the Irish Music Rights Organisation CLG.

  • snippet means a legally binding agreement (made pursuant to the provisions of this Framework Agreement) for the provision of the Services made between a Contracting Body and the Supplier comprising of an Order Form and the Call-Off Terms;","size":74,"snippetLinks":[{"key":"legally-binding-agreement","type":"clause","offset":[8,33]},{"key":"the-provisions-of-this","type":"clause","offset":[52,74]},{"key":"framework- agreement","type":"definition","offset":[75,94]},{"key":"the-provision-of-the-services","type":"clause","offset":[100,129]},{"key":"contracting-body","type":"definition","offset":[145,161]},{"key":"the-supplier","type":"clause","offset":[166,178]},{"key":"order-form","type":"clause","offset":[196,206]},{"key":"off-terms","type":"clause","offset":

  • WADA means the World Anti-Doping Agency.