1000 Contractors Apply for Nigerian Railway Corporation’s Projects

By September 21, 2018 Investment News

The Nigerian Railway Corporation (NRC) has opened bids to pre-qualify contractors for its 2018 projects with over 1000 participating.

Mr Ben Iloanusi, the NRC Director of Procurement, told the newsmen during pre-qualification exercise at the NRC headquarters, Ebute Meta, Lagos, on Wednesday.

Iloanusi said about 1,000 submissions were received across the various categories.

“The projects numbering 12 as advertised recently by the corporation in some national dailies were bidded for by over 1000 companies.

“The projects included emergency repair and maintenance of tracks, bridges, and culvert, renovation.

“Also inclusive are the upgrade of railway stations nationwide, procurement of locomotives, coaches, wagons, railway inspection vehicles and cranes, rehabilitation of locomotives and coaches.

“Others are procurement, rehabilitation and installation of equipment for mechanical, electrical, security, printing and ICT facilities; procurement of rolling stock consumables and spare parts and provision of insurance services,” he said.

The director further disclosed that , as the procurement team had been directed to conclude the evaluation process in one month.

Mr. Niyi Ali, the Director of Operations, promised that the process would be transparent, saying the corporation will be fair to all in the pre-qualification and selection stages.

Operations for the corporation’s projects in the 2018 budget. Representatives of the various companies were on the ground as the team verified the documents submitted by them amid tight security.

Source: Vanguard