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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
“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


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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
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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.

"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

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