At the formal opening of contract bid for the 17 categories of projects for 2017 capital projects of the Nigerian Railway Corporation, the Managing Director of the NRC, Fidet Okhiria, yesterday October 17, 2017, said that, a 1,000 companies was present at the event to bid for contract.
The event took place at the Ebute Metta, Lagos Mainland head office of the NRC, with Okhiria being represented by Director of Operations, Mr. Niyi Aliute, who spoke at the formal opening of bids for the projects in Lagos.
Okhiria said the open bidding was done in order to get the best firms to execute the projects, which were meant for the 2017 fiscal year.
He further stated that the bidding process was in line with the Procurement Act of 2004, adding that it would be transparent and promised to be fair to all bidding firms.
Also he gave some of the projects as the procurement of tools, equipment and materials for emergency repairs and maintenance of tracks; renovation/upgrade of railway stations and other buildings together with associated facilities (nationwide); procurement of locomotives, coaches, wagons, railway inspection vehicles and cranes (narrow gauge and/or standard gauge); procurement/rehabilitation and installation of equipment for mechanical/electrical, security, printing, operations, civil and ICT facilities; and generation of alternative revenue for the corporation, insurance services, among others