In a turn-key contract, what is the contractor responsible for?

In a turn-key contract, the contractor is responsible for the entire project from conception to completion. This includes not only the construction and labor but also financing the project, managing all aspects of the design and execution, and retaining ownership until the project is completed and ready to be handed over to the client. The contractor is expected to deliver a fully functional project, allowing the client to merely "turn the key" and start using it.

This approach offers the client a single point of contact for the entire project, simplifying communication and management. The expectation is that the contractor will handle all the necessary subcontracting and coordination of various trades, ensuring that the project meets the client's specifications and requirements. Passing ownership to the client only occurs after the project meets all agreed-upon criteria and is officially completed.