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Simple English definitions for legal terms

EPC contract

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A quick definition of EPC contract:

An EPC contract is an agreement between two or more parties that creates obligations that are enforceable by law. It stands for engineering, procurement, and construction contract. This type of contract is used in construction projects where one party is responsible for designing, purchasing materials, and building the project. The contract outlines the terms and conditions of the project and the responsibilities of each party involved. It is a legal document that ensures that all parties involved fulfill their obligations and complete the project successfully.

A more thorough explanation:

Definition: An EPC contract is an engineering, procurement, and construction contract. It is an agreement between two or more parties that creates enforceable obligations. The contract outlines the responsibilities of each party in the design, procurement, and construction of a project.

For example, a company may hire a contractor to build a new factory. The EPC contract would outline the design specifications, the materials to be procured, and the construction timeline. The contractor would be responsible for ensuring that the project is completed on time and within budget.

The EPC contract is important because it provides a clear understanding of the project requirements and the responsibilities of each party. It helps to minimize misunderstandings and disputes that can arise during the project.

EPC | ephemeral recording

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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