APR Constructions Limited - Saffron Capital

specifications, etc. Our Company follows a methodical process for bagging contracts. The contract bidding process
followed is enumerated as below –
Obtain tender documents & understand pre-qualification formalities
Assessing need for Joint Venture & entering into Joint Venture agreement, if required
Planning department to obtain inputs from various departments for estimation of various parameters like cost,
manpower, equipment, etc.
Preparation of tender – BOQ, Price analysis, planning etc. & review tender conditions.
To finalise & submit tender documents along with EMD
Post Tender Follow-up
This process starts with the submission of the tender documents. Our Company has a team that follows up with the
clients to understand the developments taking place. This process is important as it will help the team to analyse the
business development process, trends in the industry, pricing practise being followed by other players, etc. The post
tender follow – up process followed by is enumerated as below:
Opening of tenders on the specified date and identification of the tender value
Announcing the sequence of contractors as L1, L2, L3, etc. based on the tender value with L1 being the lowest.
If our Company is L1, then we will have to complete all formalities like –
o Sign contract agreement
o Take possession of the site
o Obtain documents for Mobilisation Advances, etc.
If our Company is not L1, then we will try to analyse the grounds on which we lost the tender
Submit request for refund of EMD
Commercials & Purchase
Once the contract is awarded, our Company will make arrangements for the required raw material, labour and
equipment depending on the size and schedule of the project.Our Company doesn‟t have any identified source of raw
material or a firm contract with any supplier of raw materials. The major raw material for projects undertaken by our
Company are boulders, stone aggregates, cement, steel, bitumen, sand, fuel and water. The Commercial & Purchases
department in conjunction with the Projects Management team draws up the raw material delivery schedule and
places orders with the shortlisted vendors. Short fall in raw materials or urgent requirement, if any is sourced from
local markets. The commercials & purchase process is described as follows
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