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UNDERSTANDING THE PROCESS OF ETENDERING & ITS ADVANTAGES

NTPC e-Tender


Introduction The process of tendering allows both private and public sector organizations to invite bids for the completion of large projects or for expansive procurement initiatives. Usually, these projects need to be completed within a particular deadline. In most cases, the tender is announced openly, so that all potential vendors and contractors get to know about the requirements of the essential product or service that the organization floating the tender. After the proposals are submitted by the contractors, the tender is finally awarded to the one who has quoted the lowest price for the best quality products. In the following slides we will discuss about the benefits of the E-tendering services.


About E-tendering services Of late, e-tendering or electronic tendering service has become quite popular. This process essentially involves conducting the process of tendering through an online portal. In case suppliers are interested to bid for a specific project, they must log on to the website of the pertinent company or any well-known online portal offering information about the latest tenders and jot down all the information. Post this, the proposal can be submitted.


Things that can be done through the e-tendering process • Submit EOI or an expression of interest for the tender. • Complete the tender and submit it. • Download all vital files and documents relevant to the tender in the system. • Store all the vital documents and files in one place on the cloud.


Advantages of e-tendering process

• Being a well-organized and planned system, it offers step-by-step guidance through the tendering procedure. • There is no need for any physical documentation or paper transaction as the entire process takes place on the virtual portal. This makes information storage, record keeping and document tracking much simpler. • Since the communication over the web is quite easy and fast, the speed of the entire tendering process is improved. Moreover, any question or queries can be answered quickly.


As more numbers of companies are moving over to the highly systematic e-tendering system, publicity, tender specification, tender aggregation as well as the evaluation and placing of the contract has become much easy.


If you are looking for NTPC e–tenders you can take help of the wellknown e-tendering portals like Tender Detail. This online portal is the leading tender information providers that offer detailed information about the latest online tenders within the country as well as abroad and even sends updates on a regular basis to those who subscribe to their service.


Contact Website: http://www.tenderdetail.com/ Facebook Page: https://www.facebook.com/tenderdetailindia Google (+) Page: https://plus.google.com/+TenderdetailIndia Twitter Page: https://twitter.com/tenderindia


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Understanding the Process of e-Tendering Advantages  

If you are looking for NTPC or any other e–tenders you can take help of the well-known e-tendering portals like Tender Detail. This online p...

Understanding the Process of e-Tendering Advantages  

If you are looking for NTPC or any other e–tenders you can take help of the well-known e-tendering portals like Tender Detail. This online p...

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