QR Corporate

Disposals & Acquisitions

P&O and QR join forces to create Western Sydney Intermodal Hub

P&O Trans Australia – the Kaplan/DP World joint venture – and QR today announced a logistics partnership resulting in the creation of a combine...
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QR signs up team to deliver Goonyella to Abbot Point Expansion Project

A $1 billion expansion of the export coal rail network – the biggest rail project in Queensland in three decades – came a step closer today with th...
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Overview

At certain times QR disposes of surplus assets which are no longer required by the organisation.

QR tenders sleepers in large quantaties when available and sells surplus locomotives, carriages, wagons and track machinery as they become available. Other assets, such as, office equipment, scrap, manufacturing plants and motor cars are disposed of via auction or tender process. QR may also negotiate a sale directly with buyers or offer items for sale at a fixed price.

These efficient and effective processes, help QR to maximise value of these unwanted surplus assets.

When purchasing assets for use within the organisation, QR has implemented a suite of standard contract conditions that suppliers are required to comply with when supplying QR with Goods or Services.

After a proposal is put forward, QR uses a fair and efficient tender evaluation process. When undertaking purchasing, it is QR's policy to pursue the following principles: