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The client will get the title to the final work product

• 2022-10-14
• VS Designo

Typically, turnkey contracts are fixed-price contracts.

Turnkey Contract Benefits

There are several key benefits to turnkey contracts.

The first benefit of a turnkey contract for the client is that the client leaves the important decisions to the service provider.

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As a result, clients who do not have the right skills and experience can rely on the service provider’s expertise to get the job done properly.

Another benefit for the client is that in turkey contracts, the service provider remains responsible for the project risk for the entire duration of the project.

The client will get the title to the final work product once it’s been delivered by the service provider by the contract specifications. For the service provider, a turnkey contract is easier to manage as it does not have to deal with the ever-changing needs and requests of the client.