Project Estimation & Procurement

Techno-commercial considerations are the backbone of any projects success.Plant engineering has many threads such as process requirements, technology requirements, energy optimization,total cost to company of the process over life cycle,project timeline, liquidated damages of delays, quality and productivity.Every aspect of this requires commercial understanding during engineering phase. With in-house expertise of personnel’s with years of experience in this, I2 gives a bird eye techno-commercial view to client with following detailing.

  • 1.Development of detailed estimation.
  • 2.Detailing of cash flow requirement of the project.
  • 3.Detailing of plant financial feasibility study.
  • 4.Preparing the bidding documents and in bidding process.

    • Bidding

    1. Request for quotation

    2. Instruction to Bidders

    3. Prequalification requirements (technical & financially)

    4. Bill of Quantities

    5. General conditions of contract

    6. Special conditions of contract

    7. Preliminary drawings for tender

    8. Clear technical specifications for scope of work

    9. Commercial terms conditions of contract

    10. Forms & Procedures - Formats for Performance Bank Guarantee, Covering letters, Authorized signatory, deviation if any, etc.

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