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EPC
Step 02 of 4 · EPC

Procure with leverage

Procure with Leverage: Vendor Benchmarking, Audits & Framework Pricing

We convert engineering specifications into negotiated, bankable supply contracts. Using live vendor benchmarking, factory audits and framework pricing across modules, inverters, batteries and balance-of-system, we secure competitive commercial terms while de-risking quality, delivery and warranty exposure before a single rupee of capex is committed.

Typical duration · 6-10 weeks (parallel-tracked with detailed engineering)

Samples generated 05 Sept 2026, 11:26 pm IST

What happens in this step

  1. 01Build a live vendor landscape across Tier-1/Tier-2 module, inverter, PCS, cell/pack and BoS suppliers with technical and financial screening
  2. 02Issue structured RFQs/RFPs with standardised technical schedules so bids are apples-to-apples comparable
  3. 03Run factory audits (production capacity, QA/QC, bankability, ESG, past project performance) for shortlisted vendors
  4. 04Develop a landed-cost model per vendor including duties, freight, FX hedging and payment-term impact
  5. 05Negotiate framework pricing with volume/price-escalation clauses and back-to-back warranty pass-through
  6. 06Stress-test vendor delivery schedules against the project's construction and commissioning calendar
  7. 07Issue final vendor recommendation memo with commercial term sheets ready for board/lender sign-off
Footage

Procure with leverage · on the ground

Video · Los Muertos Crew / Pexels

What we need from you

  • Approved BOQ and single-line diagram from engineering stage
  • Site logistics constraints (road width, port access, crane reach)
  • Financing structure and currency/hedging preferences
  • Preferred/blacklisted vendor list from client or lenders
  • Target COD and construction sequencing
  • Budget ceiling or LCOE/LCOS target
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Your inputs, our engineering

Photo · Trinh Trần / Pexels

Worked example (anonymised, illustrative)

Standalone BESS Framework Procurement · 150 MW / 300 MWh (2-hour duration) · Western India

DISCOM-awarded standalone storage tender requiring LFP cells, PCS and containerised BoS procurement within an 11-month delivery window.

What you receive

Sample deliverables from this step

Every sample below is analyst-written and anonymised for illustration — structure and depth mirror our real deliverables; figures and names are not from any client engagement.

Illustrative — Vendor Benchmarking MatrixIllustrative · Growthifye-prepared
report

Vendor Benchmarking Matrix

Side-by-side technical and commercial comparison of shortlisted cell, PCS and BoS suppliers scored against bankability, price and delivery criteria.

Sample excerpt · Vendor Scorecard Extract (PCS Suppliers) — illustrative figures

VendorRated Efficiency (%)Price (₹/kW)Warranty (yrs)Factory Audit ScoreLead Time (wks)
Vendor A98.64,85058.7/1028
Vendor B98.34,60057.9/1024
Vendor C98.85,10079.1/1032
Vendor D98.14,30036.8/1020
  • Scores normalised across 12 evaluation parameters
  • Prices exclude GST and inland freight
Download illustrative sample (PDF)
Illustrative — Factory Audit ReportIllustrative · Growthifye-prepared
report

Factory Audit Report

On-site assessment of cell/pack manufacturing lines, QA protocols, traceability systems and historical field performance data.

Sample excerpt · Audit Checklist Summary — illustrative figures

Audit AreaFindingRisk Rating
Cell QA samplingAQL 0.65% per IEC 62619Low
Thermal runaway testingUL9540A report availableLow
Production capacity2.1 GWh/month, 68% utilisedMedium
TraceabilityCell-to-pack barcode tracking presentLow
ESG complianceISO14001 certified, no major findingsLow
  • Audit conducted jointly with independent lab engineer
  • Findings feed directly into warranty negotiation
Download illustrative sample (PDF)
model

Landed Cost & Commercial Term Sheet

Consolidated cost model covering ex-works price, freight, duties, FX and payment milestones, feeding into final framework agreement terms.

Sample excerpt · Landed Cost Build-up (per MWh, PCS-inclusive) — illustrative figures

Cost ComponentVendor B (₹ Lakh/MWh)Vendor C (₹ Lakh/MWh)
Ex-works price178192
Ocean freight + insurance6.26.0
Customs duty (BCD+IGST)24.126.0
Inland logistics3.83.5
FX hedge premium2.92.6
Total landed cost215.0230.1
  • FX hedged at 3-month forward rate
  • Payment terms: 10% advance, 80% on dispatch, 10% on commissioning
Download illustrative sample (PDF)
schedule

Framework Pricing Agreement (Draft)

Pre-negotiated multi-year pricing framework with volume tiers, escalation caps and warranty pass-through clauses ready for legal execution.

Sample excerpt · Framework Pricing Tiers — illustrative figures

Volume Tier (MWh)Unit Price (₹ Lakh/MWh)Escalation Cap (%/yr)Delivery SLA (wks)
0-1001983.026
100-3001902.524
300-5001822.022
  • Escalation indexed to lithium carbonate benchmark
  • Liquidated damages clause capped at 10% of contract value
Download illustrative sample (PDF)

Outcomes

  • 5-12% reduction in landed equipment cost versus first-round vendor quotes
  • Bankable, lender-acceptable warranty and delivery terms locked pre-construction
  • Reduced schedule risk through pre-vetted, audited supply chain
  • Framework pricing enabling faster procurement for future project phases
Footage

Outcomes that reach COD

Video · invisiblepower / Pexels

Questions clients ask

How many vendors do you typically benchmark per equipment category?

We generally shortlist 4-6 credible vendors per category (modules, inverters/PCS, batteries, BoS) after an initial screen of 10-15, ensuring genuine competitive tension without diluting bid quality.

Do you conduct physical factory audits or desk-based reviews?

Both — we combine desk-based document review with on-site factory audits for top 2-3 shortlisted vendors per category, particularly for cells, PCS and transformers where quality risk is highest.

Can framework pricing be used across multiple projects or phases?

Yes, framework agreements are structured with volume tiers so a client can draw down pricing across multiple sites or expansion phases within the agreement's validity period, typically 12-24 months.

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Questions we answer every week

Photo · Tran Nhu Tuan / Pexels

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