Procurement strategy - field note 040

Securing a two‑year bulk cement contract with CementPlus for the Chennai Metro Extension locked prices at ₹12,500 per tonne, shielding the project from the 8% market hike.

• Negotiate volume‑based discounts; - Include penalty clauses for delivery delays; - Set up a dedicated procurement team; - Monitor market indices weekly.

The strategy saved the project ₹3.6 million in material costs and maintained the 6‑month construction schedule.