Benefits of an e tender for civil works

E-tenders refer to floating tenders online to get interested bidders to bid for a project. An e-tender is like a regular tender, wherein the requirements of the project are stated and prospective contractors have to read the tender details and then submit a proposal. When it comes to civil works projects, e-tenders are extremely popular, as they are highly effective in managing the entire contractual relationship, especially if there is a complex supply chain, as is the case with civil works projects.
Here are some benefits of why government agencies and private organizations should opt for an e tender for civil works.

Automated Procedures
An e tender for civil works minimizes paper-based and human processes. If organizations and agencies use a platform that can be customized to their needs, it allows the tender team to focus on other important tasks, rather than working on low-value tasks.

Positive Relationship between Stakeholders
In online tenders, the company has to state all its requirements. There is no back and forth communication for tender details between the company and contractor, as everything required to write a proposal is stated in the e-tender. As a result, contractors can focus on creating their proposals with utmost care. It also fosters positive interactions between the stakeholders and increases the chances of the project being delivered in a timely manner.

Healthy Competition
An e tender in civil works nurtures healthy competition between contractors. Contractors are aware of the tender terms, as they are in the open.They also have to submit their proposals online. Since the entire tender process occurs online, there is transparency and does away with unhealthy practices. As a result, it spurs healthy competition between contractors and the organization that has published the tender can expect contractors to offer the best services at minimal costs.

Easy Shortlisting Process
The organization that publishes the electronic tender finds it easy to shortlist the contractors during the elimination stage. This is possible, as the proposals are online and can be easily compared. As a result, just those contractors who have the capability and capacity to fulfill the terms of the tender are shortlisted.

These are some of the main advantages of e-tenders and if both public and private sectors should realize these benefits, they will be more conducive to using a reputable and reliable e-tender platform.