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CIDC Vendor Registration Program Overview

CIDC was established in 1996 by the Planning Commission to improve the Indian construction industry. It undertakes activities like establishing a vendor registration program to create a central database of suppliers. This avoids duplication of efforts by different project owners in procuring goods and services. Major contractors and project owners in the construction industry will benefit from access to this credible database of certified vendors from India and abroad. Listing in the database is renewable annually, and vendors can update their listed goods and services by paying a service charge for additions requiring inspection.

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0% found this document useful (0 votes)
19 views3 pages

CIDC Vendor Registration Program Overview

CIDC was established in 1996 by the Planning Commission to improve the Indian construction industry. It undertakes activities like establishing a vendor registration program to create a central database of suppliers. This avoids duplication of efforts by different project owners in procuring goods and services. Major contractors and project owners in the construction industry will benefit from access to this credible database of certified vendors from India and abroad. Listing in the database is renewable annually, and vendors can update their listed goods and services by paying a service charge for additions requiring inspection.

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BUSINESS MEPL
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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FAQs :

1. About CIDC

CIDC was established in 1996 by the Planning Commission, (Now NITI Aayog),
Government of India as a joint-initiative of Government and Industry to undertake
initiatives for the improvement of systems and work- practices of the construction
industry of India. (See [Link] for details).

2. What activities does CIDC undertake:

Under its mandate, CIDC undertakes any and all activities which helps in smoother
and more efficient working and helps in capacity building of the Indian construction
industry. CIDC undertakes such activities either directly or through associates
including Government departments, CPSEs and organisations including those
institutions set up or supported by CIDC. For a list and details of such activities,
please visit our [Link]

3. Why has this Vendor Registration Program (VRP) been undertaken?


What will be the outcome of this process?

Project Owners in the construction industry spend large amounts of resources in the
process of finding appropriate vendors of products and services. Since each Project
Owner spends the money separately from others, there is wastage due to duplication
of efforts.
With this VRP, CIDC is establishing a Central Database for suppliers of all types of
Products and Services from India and abroad to avoid this national wastage.
CIDC has in place a rigorous inspection and verification system as part of the due
diligence process of registration. This ensures the database developed is credible
and comprises of competent vendors.

4. Who will benefit from this database?

Among CIDC members are some of the biggest Project Owners, Contractors and
Stakeholders of Indian Construction Industry. (Please visit website
[Link] for list of members).

The database will provide access to a credible central pool of duly certified vendors
for procurement of goods and services from India and abroad.

Though some of the members may further apply their own criteria for selection,
access to the database will allow them to shorten the time required for procurement.

Major Contractors shall also have access to this database, which allows them to find
associates for various outsourcing and sub-contracting works.

Enlisted Vendors benefit as their presence on this database improve their visibility
amongst a large community of Construction Industry, Stakeholders for foraying
business alliances for JVs, procurement of goods and services as viable entities in
considering their major procurements.

5. Does the listing in the database have a sunset clause?

Yes. Initial Registration is for One year and renewable every year. In case CIDC
deems necessary, inspections can be carried out for renewal or even in mid- year.

For Example: Enlistment Year - 2015


1st Renewal Year – 2016- No Site Visit
2nd Renewal Year – 2017 – No Site Visit
3rd Renewal Year – 2018 - Site Visit

6. In case Vendors want to update the list of goods and services provided by
them, what is the process?

In case of additions there will be service charge of Rs 5000/- or US$100 per time.
Further CIDC shall decide whether inspection is required or not. In case of inspection,
there will be a further charge of Rs 5000/- or US$100 plus cost of Travelling,
Boarding, Lodging of Inspection Team.

7. Some other benefits :

 CIDC is holding 3 to 4 Task force meetings in one year wherein a rich gathering
of procurement agencies such as Central/ State Government bodies, Large
PSU’s, CIDC members and all Stakeholders meet to discuss the various
challenges and difficulties about procurement practices. Registered vendors
participate regularly who mutually share ideas, emerging technologies, best
constructions practices. The participation in the Task Force meeting is free for
all enlisted vendors and the forum provides a great networking opportunity.

 CIDC regularly conducts such Task force meetings, which bring together the
Demand and Supply side for meaningful dialogue for creating an ecosystem
seamless procurement. Listed vendors can sponsor and brand the event, which
also provides them an opportunity to showcase their products and technology
and to network with a rich gathering of decision makers.

 CIDC participates and hosts various B2B meetings both at a national level and
overseas. All listed Vendors are encouraged to participate in them and create
a better visibility for their products and services. These forums also help to
promote finding suitable partners for Joint Ventures and promotion of
Technology transfers and best practices
 Project owners in the Construction Industry alongwith major contractors have
access to our credible national database for effective of procurement of good
and services from India and abroad. Vendors benefit since their presence on
this database improve their visibility as viable entities.

 This database is representative of the demands of the construction sector and


encourage the project owners and implementers to log in for finding the right
match for their requirements.

 Participation in various CIDC activities such as Conferences, Seminar,


Exhibitions etc. for all our registered vendors is on attractive discounted rates.

 Being in public domain, the database access is not limited and ensures all
stakeholders are able to reach out to potential suppliers of goods and services.

 Our website [Link] also provides a platform for dissemination


of information for your products, technology, services by way of display of
banners / videos at very nominal rates. Special package are designed to suit
the needs of listed Vendors at very reasonable rates.

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