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turnkey project

British  

noun

  1. engineering a complete project usually including many major units of plant completed under one overall contract, such as a chemical works or power station complex

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of turnkey project

C20: from use of turnkey in the construction industry to describe the day a job will be completed and the owner able to turn the key in the door

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The turnkey project calls for the city to pay Blatstein’s company $42 million to acquire the building plus the cost to design and renovate the headquarters before handing it over to the city.

From Washington Times • Jun. 7, 2017