e-Tender
Process
An internet-based process wherein the complete tendering process;
from
advertising to receiving and submitting tender-related information
are done
online. This enables firms to be more efficient as paper-based
transactions
are reduced or eliminated, facilitating for a more speedy exchange
of
information
E-TENDERING PROCESS
| Pre-qualification & registration |
| Pre-Qualification Registration |
| Issue User Name and Password |
|
| Public invitation |
| Tender Advertisement |
| Tenderer Views Tender Advertisement and
Notice
|
|
| Tender submission |
| Tenderer Registration to Tender for a
Project
|
| Download Tender Document |
| Addenda Distributed by Principal |
| Tenderer Submit Tender |
|
| Close of Tender |
| Close Tender |
| Principal Open Tender |
|
| Tender Evaluation |
| Tender Evaluation Process |
| Request for Information |
|
| Award of Tender |
| Award Tender/Acceptance of Tender |
| Sign the Formal Agreement |
|
| Archiving |
|
Advantages of the e-tendering system:
Promptness:-
The e-tendering process is much more efficient than traditional
bidding. In
this online exercise, the scope of manual paperwork and
correspondence is
decimated. As a result, the process is carried out within a
stipulated
timeframe.
Transparency:-
From the publishing of advertisements to submission of bidding
values, all
steps of the bidding process are accomplished online. Since the
entire
details of issued tenders remain in the public domain no room is
left for
any malpractice.
Fair competition:-
E-tendering being a transparent exercise, competitiveness is
maintained among
the bidders. Consequently, only the most suitable bidder wins the
tender.
Less expenditure:-
E-tendering eliminates the scope of unhealthy inducements; bidders
give
absolute priority to bidding values, resulting in lower quotes. It
automatically cuts down the project estimation capital as compared
to the
traditional tendering.
Fast project delivery:-
As the e-bidding process consumes less time, the project work gets
initiated
early, resulting in fast completion. This creates a positive
business
ecosystem.
Easy to shortlist:-
In the e-tendering system, the details of all bidders are visible
online to
the tender issuers. The profiles and quotes of all the bidders can
be
compared easily in one place without assorting a bundle of
documents.
International tenders:-
The e-tendering process eliminates the barriers of borders and opens
a global
spectrum of tenders. Through different e-tender portals, bidders get
to know
about all the tenders issued worldwide, like Nepal tenders, South
African
tenders, or Italian tenders.
Eco-friendly:-
The e-bidding process is an absolute online exercise that limits the
usage of
paper. It is an endeavour towards a paper-free world. The trend of
digital
tendering will let us achieve a lower carbon footprint to save our
Mother
Earth.