Feedback Ventures

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India has one of the largest road networks in the world, aggregating to 3.34 million kilometers. The road network comprises 66,590 km of National Highways, 128,000 km of State Highways, 470,000 km of Major District roads and about 2.16 million km of other district and rural roads. National Highways account for only about 2 percent of the total length of roads, but carry about 40 percent of the total traffic across the length and breadth of the country. Considering the importance of the National Highways and the rapid increase in traffic, the Government has taken up the National Highways Development Project (NHDP) for connecting major cities and improving port connectivity. National Highways Authority of India (NHAI) is the implementing agency for NHDP and it has exploited a variety of contractual structures in moving towards PPP. In Phase I, only about 16 percent of the length of projects was awarded on BOT basis (annuity or toll basis). In Phase II, this proportion went upto 32 percent, while in the new phases (Phases IIIA, IIIB and V), 100 percent of the length is being awarded on BOT (build-operate-transfer) basis. The Government is providing the required viability gap funding to ensure success of such projects.

Highways in some states are also witnessing significant action—several states have cleared new legislative measures to facilitate private developers’ interest in state highway creation, upgradation and maintenance.

Government has recently cleared a Model Concession Agreement (MCA) for all BOT transactions. Discussions are ongoing on several of its contentious clauses and are expected to pave the way for a robust procedure in execution of BOT projects.


  • Advisory
  • Design and Engineering
  • Project Management
  • Capacity Building

Feedback Ventures assists and supports policy makers or influencers and existing and prospective investors in the sector through a wide range of services that include market assessment, financial analysis and structuring, and policy advisory. We provide:

  • Entry strategies and market assessment: Given the early success of the BOT based road development programme, the sector has witnessed interest from several players—including construction contractors, equity funds and other diversified players. Feedback advises several such entities in understanding the regulatory, financial and market aspects to facilitate entry into the sector.

  • Financial feasibility and bid advisory: Feedback assists private sector clients, as well as Governments on viability and financial feasibility of road projects. It has also advised numerous private sector clients in bids for various National Highway concessions.

  • Privatisation advisory: Feedback advises Government bodies, especially several State Governments, in privatization of road projects. It has managed the bid process for several road stretches successfully.

  • Policy advisory: Feedback has a strong understanding of the imperatives that can improve the success of a BOT-based road development programme and advises policy makers and influencers on the same.

 

 Feedback provides design services across the entire life cycle of construction projects ranging from Highways, Expressways and Rural Roads to Bridges, Interchanges and ROBs. Feedback’s Engineering and Project Management Division manages all aspects of road design from surveys, MX design, design optimization, value engineering and design verification to ensure that road and bridge designs comply with National or International standards and practice.

Our services to private developers have been very well appreciated in re-engineering and value engineering components wherein substantial savings from 5 to 18 percent have been achieved through rigorous design exercises.

Feedback provides the following Design and Engineering services in Highways:

  • Pre-Feasibility and Detailed Feasibility studies
  • Pre-bid advisory
  • Traffic and revenue studies
  • Geo-Technical and Topographic investigations
  • Environmental Impact and Social Impact Assessment
  • DPR and Detailed Engineering Designs
  • Engineer on BOT (build-operate-transfer) projects
  • Peer review and proof checking
  • Lender's Engineer

 

We at Feedback Ventures provide an entire gamut of services from the project inception stage to its completion. A project manager at Feedback plans and monitors projects to accomplish goals within predictable quality, cost and time. The aim is to build and deliver solutions that exceed customer expectations using well-defined, reliable, flexible, economical and adaptable processes from end-to-end in business cycles. Our value proposition includes:

  • Effective end to end solutions
  • Reduced chaos levels
  • Wide experience in handling projects
  • Common understanding of roles within the organization
  • Risks are at a non-threatening level
  • Deliveries which are on time, within budget and of requisite quality

Feedback has a strong track record in serving government and BOT projects. NHAI alone has awarded over twenty contracts to Feedback within the last eight years. Our Engineering and Project Management Division has supervised over sixty major bridges and over two thousand kilometers of National and State Highways.

   

Feedback’s Capacity Building Division provides the following services in the Highways sector:

  • Enhancing people capacities: Improving the quality of decision-making, sector efficiency and managerial performance by enhancing the capacities of people in national and state utilities, and in organizations.

  • Assessment of existing structures and processes from the customer perspective and development of an action plan for reform and transformation.

  • Performance Assessment: Designing the appropriate organizational structure, inculcating a customer-oriented role definition, defining measures of performance and designing and implementing appropriate performance assessment systems.

  • Resettlement and Rehabilitation: Design and implementation of resettlement and rehabilitation plans for project affected people.

 
 
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Copyright © 2008 Feedback VenturesWeb Manager: Pooja Jayna