This engagement entailed an Item-Rate-Turnkey contract executed through Bhutan Power Corporation Limited, with a project value of INR 548.97 Crores.

This project was full of learning for our team . We share some of the challenges here which were ably overcome. #techno commercial audit , cost overrun & quantity surveyor

Complex Project Structures: Power Transmission structures involve intricate contractual arrangements, multiple stakeholders, and intricate project frameworks. Unravelling these complexities is important for accurate cost assessment.

Evolving Regulatory Environment: Energy sector is constantly evolving with changes in regulations and policies. Ensuring compliance throughout the audit process is essential. Regulatory changes can affect cost calculations, tariff structures, and contract terms, necessitating adaptable methodologies.

Technical Expertise: Power transmission projects are highly technical in nature, involving engineering specifications, equipment selection, and construction methodologies. The team must possess adequate technical expertise to evaluate project design, implementation, and the impact of technical decisions on project costs.

Scope Creep and Change Orders: Changes in project scope, design modifications, and additional work orders can contribute to cost overruns. The validity and justification of change orders can be challenging, as it requires thorough understanding of the project's original scope and contractual agreements.

Contractor Management: Effective evaluation of contractor performance and identifying any deviations from contractual obligations is essential for project success. Issues such as delays, poor quality work, and inadequate cost control measures can lead to cost overruns.

Our Success Mantra

- Close collaboration with stakeholders of the project

- Subject matter expertise

- Rigorous analytical skills

- Effective application of Project management principles