When Vendors Delay: The Hidden Cost of Procurement Failures in EPC Projects
Introduction In Engineering, Procurement, and Construction (EPC) projects, timelines are not merely targets—they are contractual obligations tied to financial exposure, stakeholder confidence, and reputational standing. Yet, one of the most underestimated risks in project execution is vendor delay, particularly in the procurement of critical materials. A seemingly routine delay—such as the non-delivery of reinforcement steel … Read more