EPC

EPC is an acronym with multiple meanings across industries, and its interpretation depends on the context. Common uses include engineering and construction contracts, building energy ratings, product coding, and financial messaging.

Engineering, Procurement and Construction: In construction and industrial projects, an EPC contract assigns responsibility to a single contractor to engineer, procure, and construct a facility to defined performance specifications. The owner typically receives a turnkey facility on fixed price and schedule terms, with most project risk concentrated in the EPC contractor.

Energy Performance Certificate: An Energy Performance Certificate rates the energy efficiency of a building, usually on a scale from A to G, and often includes recommendations for improvements. It is mandatory in many jurisdictions for selling or leasing property and helps buyers or tenants compare expected energy costs and environmental impact.

Electronic Product Code: The Electronic Product Code is a unique identifier used in supply chains, standardized by GS1 and linked to RFID and barcode data. It enables item-level traceability and efficient inventory management, supporting more precise tracking of products as they move through logistics networks.

European Payments Council: The European Payments Council coordinates the development and governance of SEPA payment schemes, such as SEPA credit transfer and SEPA direct debit. It facilitates cross-border euro payments and harmonizes rules and standards across the European Union and associated states.

Other uses exist, including in business process modeling where EPC stands for Event-driven Process Chain, a method for describing workflows. The meaning of EPC varies by field, so clarification is often needed in technical or regulatory discussions.