Why do turnkey operators often require a feasibility study as part of the contract?
A)By adding to the cost, they earn more money.
B)This lessens the risk of contract cancellation when political leadership changes.
C)This lowers their risk of foreign-exchange losses.
D)This helps to define what constitutes "satisfactory completion" of the project.

Question

Quizplus · Accepted Answer

Providing a feasibility study helps to define the project's scope and objectives, which helps clarify what constitutes satisfactory completion of the project. This reduces the likelihood of disagreements between the turnkey operator and the client about the project's goals, which can lead to contract cancellations or legal disputes.

Why Do Turnkey Operators Often Require a Feasibility Study as Part