Author name: Akash Dalvi

In international business, the “Turnkey Contract” is a widely adopted method for delivering fully operational projects. The term describes an arrangement in which a contractor, or firm, is responsible for the entire scope of designing, building, and equipping a facility, ultimately handing it over to the client ready for use. A turnkey contract signifies a […]

As India’s economy continues to expand, the demand for infrastructure and construction projects is rising, with both government and private tenders offering immense opportunities for businesses. Startups and MSMEs (Micro, Small, and Medium Enterprises) are particularly keen to secure such projects to grow their business. However, the process of bidding for these tenders often requires

Surety bonds are essential financial tools in the construction industry that help safeguard both project owners and contractors from risks, ensuring that projects are completed on time and within budget. In this article, we will explore the role of surety bonds in construction project risk management, how they function, the different types of surety bonds,

Every facility owner’s goal is to maximize the return on their investment. Achieving this requires smart decision-making at every phase of a construction project, ensuring that the design, materials, and construction methods deliver maximum value while meeting all business needs. Whether the aim is to support specific functions, enhance the facility’s value, or ensure longevity,