Wednesday, July 09, 2014

Participate Online in Global Tenders Published by Indian Railways

Now, Foreign vendors can participate online in Global Tenders published by Indian Railways. To participate in these tenders, foreign vendors first need to register on Indian Railways E-Procurement System website through the link 'New Vendors' available on the home page of the website www.ireps.gov.in.

Foreign vendors can pay the Tender Document Cost amount online or offline. After submitting the Tender Document Cost, vendors can submit the techno-commercial part of the tender online. After that vendor can submit the rates for the items in the tender i.e. financial bids online which is the main part of the tender. Vendors can submit their bids anytime before the closing of tender. 

Financial rates data will be submitted in the encrypted format and digitally signed by vendors Digital Signature Certificate. No one can see the financial rates once submitted, even vendor itself will not be able to see the rates that which he submitted, only he can revise the rates or can submit an alternate offer. After the closing of tenders, tenders will be opened by tender opening officials of Indian Railway's and after that, it will be visible online to all participated vendors depending upon tender type that whose bid is lowest.


Required Documents for Foreign Vendors to get DSC



IREPS: Indian Railways e-Procurement System

3 comments :

  1. government tenders :
    at www.bidsinfo.com you will able to find the government tenders of various countries from wide sectors around the world.

    ReplyDelete
  2. Hello, I Would like to know the following things about Global Tenders IN IREPS
    1) Can Local Parties participate in Global Tenders on behalf of Foreign Companies?

    2). I have been quoting local tenders and have registered with a digital signature for past few years, Do I have to register myself as a new vendor to participate in Global Tenders ?

    Thank You

    ReplyDelete
    Replies
    1. Dear Vikram,

      1. Please contact to the concerned railway regarding participation of local parties on behalf of foreign companies.

      2. There is no separate registration required for the Global Tenders. You can participate in the global tenders if you are a registered vendor/contractor on IREPS website.

      Delete