Thursday, February 17, 2011

Railway Tenders Can be the Gateway to Flourishing Business

For quite long Indian Railways has worked as the backbone of the Indian economy. It is not only the economic, political, and social systems that depend largely on the system but also large part of the populace depend on them. In fact the 65 thousand kilometer long railway network in India is the lifeline of the entire country providing necessary freight and passenger transportation. Requirements are obvious for running smoothly such a huge system and multiple railway tenders are floated by Indian Railways for meeting those requirements from time to time.

Areas of Opportunities
Major areas providing opportunities with substantial numbers of railway tenders for the prospective bidders of railways tenders are –
  • Setting up new railway lines.
  • Construction of railway stations and platforms.
  • Installation of controlling devices like signal systems and construction of gates at level crossings.
  • Construction of over bridges and flyovers where required.
  • Maintenance of existing railway lines.
  • Maintenance of buildings and platforms constructed.
  • Maintenance of all controlling and security devices.
  • Computer hardware, software, and maintenance for carrying out automatic booking systems and works related to it.
  • Railway catering services.
  • Utility services in the railways stations and trains.
  • Maintenance of railway compartments and freight carrying bogies.

Tasks Carried Out Through Tenders
Most of the tasks are carried out by opting for railway tenders by the Indian railways. Such tenders call out every type of executants from government, semi-government, public sector undertakings, state and autonomous bodies, as well as from private sectors. It is the private sector that offers the best opportunities for prospective bidders to bid and win such tenders and get lots of profit.

Affiliate Work Tenders

Besides the regular works tendering opportunities are also available in affiliated fields. Such railway tenders can come in form of –
  • Repair, clearing, and maintenance of cabins.
  • Making of signage boards.
  • Providing bed rolls and other accessories.
  • Running the catering services on board.

Railway Tenders Online
These days Indian Railways has been going largely for e-procurement in order to avoid the head to head tenders and bidding. Sometimes it becomes very difficult handling such situations when the bidding and winning takes place physically in the open. No such hassles are experienced in e-tendering. Thus, majority of the railway tenders are now floated, responded to, won or lost online by the prospective bidders. It is also hassle free for the bidders as they can conclude the transaction sitting at the cool comforts of their home. Moreover, entrepreneurs that previously did not have the chance of bidding for the traditional tenders also get the chances to apply for the e-tenders.

Since Indian Railways is looking forward to getting the best at the cheapest, they are gradually making railway tenders free for all and for larger ones; global.