Elevator Modernization Quotation

This document provides a comprehensive quotation for the modernization of your existing elevator
system. It outlines the necessary upgrades, project timeline, associated costs, and terms and
conditions. Our aim is to enhance the safety, efficiency, and aesthetic appeal of your elevator,
ensuring it meets current standards and provides a reliable and comfortable experience for its users.
This quotation addresses key aspects of the modernization process, from initial assessment to final
commissioning, offering a transparent and detailed overview of the project.
Understanding Your Elevator Needs
Before detailing the specifics of our modernization quotation, it’s crucial to understand the unique
requirements of your elevator system. This involves a thorough assessment of its current condition,
performance, and compliance with safety regulations. Factors such as the elevator's age, usage
frequency, load capacity, and any existing issues will influence the scope and nature of the
modernization project. We conducted a comprehensive site survey to gather this information,
ensuring that our proposed solutions are tailored to your specific needs.

Our team of experienced elevator engineers and technicians have evaluated the mechanical,
electrical, and control systems of your elevator, identifying areas where upgrades or replacements
are necessary. We also take into account your building's specific requirements and any feedback
from building management regarding elevator performance. This collaborative approach ensures
that the modernization process addresses not only technical deficiencies but also user experience
and aesthetic considerations.

Furthermore, we consider the long-term implications of the modernization project, including

potential energy savings, reduced maintenance costs, and improved safety. By understanding your
elevator needs holistically, we can develop a modernization plan that provides the best possible
value and return on investment.
Scope of Work: Modernization Details
The elevator modernization project encompasses a range of activities designed to bring your
elevator system up to current standards and improve its overall performanceA This includes the
replacement or upgrade of key components; such as the controller; drive system; door operators;
and safety devicesA The specific scope of work will be determined based on the initial assessment of
your elevator system; as outlined in the previous sectionA

The modernization process typically involves the following steps:

1A Detailed site survey and assessment of existing elevator system MconductedNA

2A Development of a customized modernization planA
3A Removal of old components and installation of new equipmentA
4A Testing and commissioning of the modernized elevator systemA
Component Upgrades: A Detailed
Breakdown
The component upgrades included in this modernization quotation are essential for improving the
safety; reliability; and energy efficiency of your elevator systemA Here is a detailed breakdown of the
key components that will be upgraded or replaced:

1A CONTROLLER: The existing controller will be replaced with a modern microprocessorQbased

controller that offers advanced features such as dispatching algorithms; energyQsaving modes; and
remote monitoring capabilitiesA This new controller will improve the elevatorEs response time;
reduce waiting times; and optimize energy consumptionA

2ADrive System: The old motor generator MMGN set or outdated drive will be replaced with a modern
variable frequency MVFN drive systemA VF drives offer smoother acceleration and deceleration;
reduced noise levels; and significant energy savingsA They also provide better speed control and
improved leveling accuracyA

3ADoor Operators: The existing door operators will be replaced with new; highQspeed door operators
that comply with current safety standardsA These new operators will improve door opening and
closing speeds; reduce the risk of entrapment; and enhance the overall safety of the elevator systemA

4A Safety Devices: The elevatorEs safety devices; such as the governor; safety brake; and door
detectors; will be inspected and upgraded as necessary to ensure compliance with current safety
codesA These upgrades may include the replacement of worn or outdated components with new;
certified safety devicesA

5A Cables and Wiring: All worn or damaged cables and wiring will be replaced with new; highQquality
cables that meet or exceed industry standardsA This will improve the reliability of the elevator system
and reduce the risk of electrical failuresA
Project Timeline and Milestones
The elevator modernization project will be completed in a timely and efficient manner; with minimal
disruption to building occupantsA The project timeline will vary depending on the scope of work; but
a typical modernization project can be completed in approximately 4 to 6 weeksA We will provide you
with a detailed project schedule that outlines the key milestones and completion datesA

The following is a sample project timeline:

Phase Duration Description

Phase 1: Site Survey and 1 week Detailed assessment of

Planning existing elevator system and
development of
modernization planA

Phase 2: Component 2 weeks Ordering and delivery of new

Procurement elevator componentsA

Phase 3: Installation and 2Q3 weeks Removal of old components;

Testing installation of new
equipment; and testing of
the modernized elevator
systemA

Phase 4: Commissioning and 1 week Final inspection;

Training commissioning of the
elevator system; and training
of building personnelA

We will work closely with you to coordinate the project schedule and minimize any inconvenience to
building occupantsA We will also provide regular updates on the projectEs progress and address any
concerns or questions you may haveA
Cost Summary: Comprehensive Pricing
This section provides a comprehensive cost summary for the elevator modernization projectA The
total cost will depend on the scope of work and the specific components that are upgraded or
replacedA Our quotation includes all labor; materials; and equipment necessary to complete the
projectA

Here is a breakdown of the estimated costs:

Item Estimated Cost in INR

Controller Upgrade

Drive System Upgrade

Door Operator Replacement 12;95;000

Safety Device Upgrades

Cabin Interior Refurbishment

Labor and Installation

Total Estimated Cost

The quotation will be valid for 30 days from the date of issuanceA
Terms and Conditions: Ensuring a
Smooth Process
To ensure a smooth and successful elevator modernization project; it is important to understand the
terms and conditions that govern the agreement between our company and your organizationA These
terms and conditions cover various aspects of the project; including payment schedule; warranty;
insurance; and dispute resolutionA

Key terms and conditions:

Payment Schedule: A deposit of 30˜ of the total project cost is required upon signing the
agreementA The remaining balance will be paid in installments; as outlined in the payment
scheduleA We typically require payments at various milestones of the projectA
Warranty: All new components and equipment are covered by a manufacturerEs warrantyA Our
company also provides a warranty on the workmanship for a period of one year from the date of
completionA This warranty covers any defects in materials or workmanshipA
Insurance: Our company maintains comprehensive liability insurance to protect against any
damages or injuries that may occur during the modernization projectA
Dispute Resolution: Any disputes that may arise during the project will be resolved through
mediation or arbitration; as agreed upon by both partiesA

A detailed copy of our standard terms and conditions is attached to this quotation for your reviewA
We encourage you to read these terms carefully and contact us if you have any questions or concernsA
Conclusion: Investing in the Future of
Your Elevator
Investing in elevator modernization is a strategic decision that can significantly enhance the value;
safety; and efficiency of your buildingA By upgrading your elevator system; you can improve the user
experience; reduce energy consumption; and ensure compliance with current safety regulationsA The
benefits of modernization extend beyond immediate improvements; offering longQterm cost savings
and increased tenant satisfactionA

This quotation provides a detailed overview of the elevator modernization project; outlining the
scope of work; component upgrades; project timeline; associated costs; and terms and conditionsA
We are confident that our expertise and experience in elevator modernization will ensure a
successful and costQeffective projectA

We encourage you to review this quotation carefully and contact us to discuss your specific needs
and requirementsA Our team is available to answer any questions you may have and provide further
clarification on any aspect of the modernization processA We look forward to the opportunity to
partner with you and help you invest in the future of your elevator systemA