16.01.2015 Views

APR Constructions Limited - Saffron Capital

APR Constructions Limited - Saffron Capital

APR Constructions Limited - Saffron Capital

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Having a pan-India presence by bidding & procuring projects funded by Central & State government as well as other<br />

recognized institutions<br />

Our Company started operations with projects in Andhra Pradesh and Karnataka. Currently, our Company has ongoing<br />

projects in the states of Andhra Pradesh, Maharashtra, Madhya Pradesh, Assam, Tripura, Karnataka, West<br />

Bengal, Tamil Nadu and Bihar. All these projects are either from Central & State government bodies / agencies, Public<br />

Sector Enterprises and Private Sector Enterprises. We intend to take advantage of growth opportunities for our business in<br />

the infrastructure segment by expanding our business to other geographical locations.<br />

Diversify our business activities into other Infrastructure segments<br />

From being a player undertaking civil construction works our Company has grown into segments like Irrigation,<br />

Industrial projects and Railways. Our Company intends to undertake BOT (Toll) Road projects in the near future.<br />

BOT projects in Road segment provide long-term sources of revenue. Going forward, we further intend to enter into<br />

Ports as well as Repairs & Maintenance activities under Roads & Railways.<br />

Business Operations<br />

Our Company‟s past growth is a result of the professional approach adopted by the management towards various<br />

aspects of the infrastructure business.<br />

Projects undertaken by our Company are mainly through competitive bidding. Currently we undertake the following<br />

contracts –<br />

1. Lump sum turnkey Contracts – bidding for contracts by quoting a fixed sum for the entire project which includes<br />

providing Designs, Drawings & Specification, Engineering and Execution.<br />

2. Item Rate Contracts – bidding for contracts by quoting rates for individual items of work on the basis of schedule of<br />

quantities furnished by the client. The design, drawings and specifications are provided by the client.<br />

The business of our Company is carried out through five distinct processes viz., Business Development; Contract<br />

Bidding; Post Tender Follow-up; Commercials & Purchase and Execution & Completion of Contract Works. The<br />

detailed description of each process is as follows –<br />

Business Development<br />

Our Company being in a competitive space, is always on the lookout for potential business opportunities. Contracts in<br />

the infrastructure space are awarded through competitive bidding. The process of business development is as follows:<br />

<br />

<br />

<br />

<br />

<br />

<br />

Information collection from Newspaper or Online notifications<br />

Short-listing of projects based on geographical location, project cost, client, resources and manpower<br />

To attend pre-bid meetings & understand key requirements<br />

Decide on the JV partner, as per the requirements of the project<br />

Submit pre-qualification report along with the requisite documents<br />

Establish contact with prospective clients / consultants and follow-up with them<br />

Contract Bidding<br />

On identification of the potential business opportunities, our Company will go through the process of bidding for<br />

contracts based on factors like resources requirements, pre-qualification parameters, financial position, project<br />

97

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!