The Government of India sought to procure 100 new-generation, energy-efficient Vande Bharat train sets but needed support in enhancing bid submissions and establishing competitive pricing to optimize project costs.
Primus Partners offered transaction advisory services by engaging with the ministry to improve bid submissions and collaborating with vendors for competitive pricing. The firm assessed the necessary upgrades for government manufacturing units and depots while structuring a comprehensive financial model to evaluate the bid's financial viability, including NPV, IRR, and DSCR calculations along with sensitivity analysis. Additionally, Primus recommended a bid pricing range and managed the entire bid process, from pre-bid query preparation to bid submission, ensuring a competitive and well-positioned proposal.
We successfully delivered a competitive and well-positioned proposal that optimized project costs and streamlined the procurement process for the new-generation Vande Bharat train sets.