What is EPC pre-qualification?

EPC pre-qualification is the process through which Engineering, Procurement, and Construction (EPC) contractors are evaluated to determine their suitability for a specific project. This assessment typically includes reviewing the contractor's technical capabilities, past performance, financial stability, and compliance with safety and quality standards. The goal is to ensure that only qualified contractors are invited to bid on the project, thereby increasing the likelihood of successful project execution. Pre-qualification helps project owners mitigate risks and select the most capable partners.