Wednesday 13 March 2019

An Insight on Typical E-tendering Portals

Public tenders are very commonly floated by diverse types of government agencies, departments, and offices for the purpose of identifying the perfect contractor available for any large scale project. In the modern world, the tendering cycles for majority of projects related to the government are via online platforms. The modern virtual tendering cycle is renowned for its well-defined process, which includes the opening of the tenders, evaluation of all the bids submitted, and the final selection of the contractor. 
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The development of the Digital India initiative and the rapid technological advancements taking place across the globe are two of the key reasons why government e-tenders have become extremely common in diverse industries. A great number of government departments and agencies have even developed their individual e-tendering platforms and portals in relation to their distinct domains.

Any contractor or supplier interested in government based projects can visit its relevant e-tendering platform and subsequently take part in the bidding process. In most cases, the bidders would be required to submit diverse important details and specifications on such portals itself. This information can include elements like the quotation price and the quality of material to be used for the project, as well as company policy and accreditations. Here is a brief insight on what the bidders can do on a typical online tender portal:
  • Download all the relevant documents related to the tender, as well as the bidding system.
  • Submit their expression of interest (EOI).
  • Complete and submit their pre-qualification questionnaire (PQQ).
  • Complete their tender response and submit it in an orderly fashion.
  • Upload vital documents, such as licenses, accreditations, certifications, and so on.
  • Both receive and ask questions related to their Tender and PQQ.
  • Track the progress of their tender response and PQQ.
  • Receive notifications in case any type of changes is made to the tender specifications and the policies related to it.
The step-by-step approach maintained in these portals makes the system of e-tendering much more well-organized, structured, and methodological than the traditional tendering process. As on these portals, a bid does not get submitted unless all the mandatory sections are filled up, the chances of submitting a non-compliant bid reduces to a significant extent too. 

To find the ideal government e tender to bid for, interested contractors or suppliers can choose to visit any popular website that features latest tender details and information.

1 comment:

  1. Found your post interesting to read.Good Luck for the upcoming update.This article is really very interesting and effective.

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