turnkey project

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

Word History and Origins

Origin of turnkey project¹

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

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

"This plant is the first very large turnkey project encompassing the turbine and grid," said Reinaldo Garcia, chief executive of General Electric's grid solutions business.

From Reuters