GOVT TO TURN BIDDING SYSTEM FULLY ONLINE

The
websites of all procurement offices would be linked with the central e-GP
portal By December in this year. Now government is going to scrap the
traditional tender floating system and introduce a full-fledged online
tendering method for all public purchases. Tender notices will no longer be
published in newspapers once this electronic procurement system called e-GP
gets going in full swing. This system is expected to increase bidding
participation, cut down tender processing time and also check occasional
incidents of violence during bid submission. A new data centre would be set up
at the Central Procurement Technical Unit (CPTU) under the planning ministry to
bring the purchase process of 1,233 government offices under the e-GP system. This
system is helping the government to implement the national budget more efficiently.

 

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