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Amendment to Parcel Leasing Policy

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Summary

Amendment to policy guidelines on ‘Comprehensive Parcel Leasing Policy’ Parcel Vans - Parcel Vans (VPHs/VPs/VPUs/VPRs etc.) shall be leased out

Text of the circular

= MARKETING

CIRCULAR NO. 05 OF 2016

भारत सरकार GOVERNMENT OF INDIA रेल मंत्रालय MINISTRY OF RAILWAYS ( रेलवे बोर्ड RAILWAY BOARD )

No. 2015/TC(FM)/ 10/06. Rail Bhavan, New Delhi - 110 001, तमल्त 25 .06.2016

The General Manager,

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2.0

2.1

Central Railway, Mumbai (CSTM). 9. North Western Railway, Jaipur.

Eastern Railway, Kolkata. 10. Southern Railway, Chennai.

East Central Railway, Hajipur. 11. South Central Rly., Secunderabad.

East Coast Railway, Bhubaneswar 12. South Eastern Railway, Kolkata.

Northern Railway, New Delhi. 13. South East Central Rly, Bilaspur.

North Central Railway, Allahabad. 14. South Western Railway, Hubli.

North Eastern Railway, Gorakhpur. 15. Western Rly., Mumbai (Churchgate).

Northeast Frontier Rly, Maligaon. 16. West Central Railway, Jabalpur.

(Amendment No. 6 to ‘Modified Comprehensive Parcel Leasing Policy’)

Sub: Amendment to policy guidelines on ‘Comprehensive Parcel Leasing Policy’.

Ref: Freight Marketing Circular No. 06 of 2014.

TO Ik

The ‘ Modified Comprehensive Parcel Leasing Policy’ i.e. policy guidelines for leasing out of parcel space of the Assistant Guard’s Cabin (AGC), Brakevans (SLRs) and Parcel Vans (VPHs/VPs/VPUs) was issued under Freight Marketing Circular No. 06 of 2014 vide Board’s letter No.

2013/TC(FM)/10/2 dated 15.04.2014.

Based upon the references/recommendations of zonal railways & suggestions from stakeholders, in order to liberalize the Modified Comprehensive Parcel Leasing Policy’ i.e. Freight Marketing Circular no.6 of 2014 , the following provisions have been amended -

Para 5.0 of Freight Marketing Circular No.6 of 2014

Para 5.4 - New Para Added

Railways may enhance the Earnest Money in case of repeated failure of tenders due to fake or non-serious bidding by tenderers.

z= 6.0 of Freight Marketing Circular No. 6 of 2014 Para 6.1- Modified

The ‘Security Deposit’ specified for operating different types of parcel leasing contracts is as given below.

जा

[एलान ~ नव rs on i ~ ae | Parcel Space | Security Deposit / Minimum Mode of | | | tobe leased | Performance Guarantee Amount Security 1 One । Amount equivalent to 10% | = of annual contractual value Rs. 1 lakh FDR _ of Brakevan as per lumpsum leased freight (accepted rates) of or (SLR) the leased parcel space. DD 2 | Parcel Vans Amount equivalent to 10% | (VP) of annual contractual Rs. 4 lakh. in favour value as per lumpsum leased freight (accepted oer eM!

rates) of the leased parcel A&CAO space

The above security deposit shall be remitted by the successful bidder within 15 days from the date of issue of LOA.

Para 7.0 of Freight Marketing Circular No.6 of 2014

a. Para 7.1 - Modified

SLR - For leasing of parcel space of the compartment of Brakevans (SLRs), there will be three types of lease, depending on the duration of the leasing contract. These are classified as follows:

= of lease Mode of lease

Type of lease

+ —

(i) Long term lease 5 years Open tender

(u) ; Temporary Lease 30 days at a time

Quotation Basis

(ii) | Day to Day Lease | Maximum 10 days at a time

| Quotation Basis

Long term lease shall be awarded for a period of 5 (five) years. There would be no escalation during the first three years in lumpsum leased freight. An annual escalation of lumpsum leased freight at the rate of 10% per annum on the lumpsum leased freight of the immediate preceding year shall be applicable from the fourth year onwards.

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b. Para 7.2 - Modified

Parcel Vans - Parcel Vans (VPHs/VPs/VPUs/VPRs etc.) shall be leased out on round trip basis, only on long term contracts through open tenders.

Leasing of Parcel Vans is not permitted on short term, temporary or day-to- day basis.

| Type of lease न of lease ode of lease

| wos + a _. a | - an

(i) | Long term lease 5 years | Open tender

Long term lease contracts shall be leased out for a period of 5 (five) years.

There would be no escalation in first three years in lumpsum leased freight. An annual escalation of lumpsum leased 

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