gayatri projects limited - Edelweiss

project to pool in their own resources for pre-qualification as well as submission of the techno-commercial bid. JointVenture may happen at the time of RFQ (request for qualification) or at tender stage in case of Two bid process.Normally a joint venture memorandum of understanding is signed by the partners, which is in line with the guidelinesprovided by the client. This Joint Venture agreement could be either project specific or generic.1) Project Specific JVs/MOUs which are in existence till such time as the outcome of pre qualification or ifawarded till the completion of the project.2) Generic MOUs /JVs- In these cases the JVs /MOUs are not formed for any specific project rather it is apartnership wherein the JV can submit their prequalification and bid for the projects. No technology transfer isinvolved and both the parties will be limited to their respective scope of work derived out of their expertise.For further details on these JVs, please refer to sub-section “Our Joint Ventures” on page no. 113 of theProspectus.b. Bidding strategy:Our bidding strategy is based on the market opportunities, the competitive environment and new focus areas.Further, for each project we consider the project risks involved, impact of location, local environment, and theavailability of existing resources such as manpower, equipments and finance. Our major cost inputs are labour,materials and plant and machinery. Once this is assessed the other costs such as site overheads, corporateoverheads, profit margin, interest and taxes are added to arrive at the final cost for bidding. Based on the result ofthe tenders normally the lowest bidder is awarded the contract.Our OfficesDetails of our offices are as under:Type Address Functions Leased/ rented Rent/ ) Approx. Number of Terminationand Lessor Details Months(Rs area/ size Employees(in SquareFeet)Registered G-2, Mangal Adesh Business Gayatri Capital Ltd.- - 1400 2 -Office Society, 4 th Road, Development (Group Company’sTPS III, Santacruzproperty)-(East),No agreementMumbai – 400 055Corporate 6-3-1090, B1 TSR Business On rental basis 48,000.00 2400 38 -Office Towers, Rajbhavan Planning, from DeepRoad, Somajiguda, Resource Management EnterprisesHyderabad – (Men & Materials), - No Agreement500 082 Financial Management,Business Development,Accounts & Costing,Project monitoringand controlsIrrigation 6-3-1085/D/602 Monitoring all irrigation On rental basis 67,200/ - 3200 22 Can be TerminatedDivision Dega Towers sites and business from D.S. Reddy including by either partyRajbhavan Rd., planning and Properties (P) the Fixtures by giving threeSomajiguda, development in the Limited for a period and furniture months notice inHYDERABAD field of Irrigation of 3 years Starting Refundable writingfrom February security10, 2005 deposit ofRs 4,00,000Legal Office 6-3-1085/ D/602 Monitoring all the On rental basis 19,248/ - and 1604 10 Can be TerminatedDega Towers Legal matters of from C. Prashanth a refundable by either party byRajbhavan Rd., the Company Mohan for a period security giving three montsSomajiguda, of three years deposit of notice in writingHYDERABAD starting from Rs 1,15,4881/11/2005 andupto 31/10/200859