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.

    • Estimation

    Analyze engineering outputs to create bills of materials for various execution contracts (Civil, Mechanical, Electrical, Process Equipment, HVAC, Automation, Technology, and Utilities). Utilize I2's extensive vendor base to develop an optimized procurement estimate.



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    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



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    Evaluation

    1. Technical Evaluation

    o Filtering the vendors/contractors as per prequalification criteria

    o Giving marks as per the technical & financially ability to eligibility

    o Raising the queries to vendors/contractors to



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