CONSTRUCTION
Creates awesome physical tangible assets...
This sector covers companies engaged in civil construction of infrastructure like airports, seaports, metro rail, dams, tunnels, bridges, roadways, stadiums, skyscrapers, towers and buildings - commercial and residential, industrial plants ; royal mansions viz., forts and palaces and castles and religious places of worship like temples, churches and mosques.
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DAMS AND BRIDGES |
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TUNNELS
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SKYSCRAPERS
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CHATEAUs MANSIONs CASTLEs FORTs PALACEs OPERAs
TEMPLES CHURCHES MOSQUES
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STADIUMS
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Industrial Plants
Oil Rigs Please see pages of Manufacturing Oil and Gas |
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These companies are generally owned by the private sector and companies range from billion dollar to million companies. The companies could operate globally as multinationals and specialize in specific nature of projects.
Construction companies have to issue performance guarantees and advance payment guarantees from their banks in favour of the client developer. Retention period commences from the date of completion accepted by the client and the construction company. It is usually for a period of 400 days. During the retention period, the construction company is liable for any defects.
Construction companies have to issue performance guarantees and advance payment guarantees from their banks in favour of the client developer. Retention period commences from the date of completion accepted by the client and the construction company. It is usually for a period of 400 days. During the retention period, the construction company is liable for any defects.
Projects are usually spread over a year and hence its accounting and financial reporting is complex. Unanticipated cost overruns could wipe out a company's fortunes. Intense competition in quality and pricing are major issues. The most important factor is arriving at the cost of the tender. Companies applying correct theory of costing and having an efficient cost structure will always have a competitive edge in clinching a tender.
- Setting up state of the art costing systems
- ERP software review and implementation assurance
- Valuation of Business
- Acquisitions, Mergers, De-Mergers
- Sale of Business
- Private equity, loan syndication
- Turning around loss making and / or inefficient companies - turnkey and modular
- Ensuring sound financial health
- Improving systems and controls
- HR
- Project reports with or without feasibility studies
- Fraud investigations
- Statutory audits
- Internal audits
- Professionally managing a troubled borrower's business as banks monies are at stake