Contract to manage and operate the facility and project during its operational phasea.O & M Contractb.Reconstruction contractc.EPC Contractd.Supply contract
Question
Contract to manage and operate the facility and project during its operational phasea.O & M Contractb.Reconstruction contractc.EPC Contractd.Supply contract
Solution
The correct answer is a. O & M Contract. This type of contract is used to manage and operate a facility or project during its operational phase. O & M stands for Operations & Maintenance. These contracts are typically used in the infrastructure and public services sectors, where the operation and maintenance of facilities such as water treatment plants, power stations, and transport infrastructure are outsourced to a third party.
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