RAIL SIDE WAREHOUSING SCHEME:–

RAIL SIDE WAREHOUSING SCHEME:–

1. Objective -

i. Facilitate the availability of Rail Side Storage with the help of Public Private Partnership.

ii. Single window plan facility

iii. Attract additional traffic.

2. Application - Chief Commercial Manager of the concerned Railway

3. CWC will be in addition to warehouse

4. Eligibility - Any individual firm / corporate who has a business of 10 crores per year and who has experience in this field and is an expert in this field. Foreign agency who is a partner with an Indian.

5. Site for warehousing: -Proposals may be considered only at those locations, which will be result in attracting additional traffic. Survey will be carried through a warehousing agency. Location will be jointly decided by party and railways. Final decision will rest with Railways.

6. Provision of land -

a. Railway will provide land for warehouse.

b. While selecting the land, railways long term requirements will be kept in view.

c. Size of plot will be on the basis of minimum guaranteed traffic.

d. The land to be finally given on lease will be recommended by committee of SAG Grade officer.

6. Earnest Money- ₹. 5 lakhs

7. Security deposit- Successfully bidder will deposit amount of ₹.25 lakhs in form of bank guarantee.

8. Mode of Selection:-

a. Through two packet tender.

b. 5% profit share will have to be given to Railways.

c. Tender committee will comprise of officers of SAG level of Commercial, Engineering and Accounts department.

10. Period of lease - Duration of lease will be 30 year. It may be extended in case of satisfactory performance. The Railways and the party will meet the decision to increase the duration, in which the terms of the extension will be extended. If the period is not extended, then the structure of warehousing will be transferred to the railway.

11. Land License Fee: Railways will get license fee of ₹.1/- per square meter per annum.

12. Revenue Sharing: It will be minimum 5% of gross revenue. Revenue will be shared from 3rd year onwards or from date of start of operation of warehouse which is earlier. This share will be reviewed after every 3 year.

13. Loading and unloading facility by the warehouse promoter.

14. Development and Maintenance of Common area: By Party But the license fee will not be charged by the Railways.

15. Traffic to be borne by rail will be given priority. 70% of the warehouse will be the mark for rail traffic.

16. Staff Cost: Will be borne by the party.