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                                                                                              Semi circle diagram KTLR
                  D V Sridhar Murthy stated that   to investors who delegate         “In the pre-bid phase, we did
                his company does work for the     engineering work to various      the estimation of the quantities,
                large concessionaires who bid     contractors and appoint the      constraints, key issues associated
                for and win major government      Consultancy to oversee the work   with the project and costing basis
                projects, among others. “Some     for time and quality control.    the market rate analysis. Our job
                of the concessionaires have        “We generally do a PMC by       is to give them accurate quantity
                their own construction wings,     having a dedicated team there.   for the bidding, then is up to the
                some outsource to the other       There are a couple of projects   appetite of concessionaire to win
                contractors available in the      where we have worked from        the bid.”
                market. They want us to do        the bidding stage to completion,   “Our work is mainly on the
                the supervision of the quality    one is near Vishakhapatnam, the   cost and not the revenue side.
                assurance and quality control     other near Hyderabad. These are   We estimate YoY maintenance
                part of the construction work.    both national highway projects   cost to the project. Routine
                That includes quality, time, and   won by a large construction     maintenance projects include
                financial control to ensure the   group.                           cleaning highways and other
                project’s successful completion
                within specified timelines.
                  Handing over the project to
                the authority happens at a later
                date. Our job ends when the
                construction part is over. Once
                the completion certificate is
                issued by the relevant authority,
                our PMC services come to an end.
                That’s where we will hand over
                the project to the concessionaire
                and he will operate and maintain
                it for the period awarded to him.”
                  The Company also does post
                construction work awarded
                                                                                           Shimla – Parwanoo Ropeway

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