1. E-TENDERING
E - B I D D I N G
PHYSICAL TENDERING
P R E S E N T E D B Y :
N I S H A G U P T A
R A H U L T A N W A R
2. E - T E N D E R I N GAn e-Tendering System
facilitates the complete
tendering process from the
advertising of the
requirement through to the
placing of the contract. This
includes the exchange of all
relevant documents in
electronic format.
.
4. BENEFITS OF E-TENDERING
• Completely Automated Process
• Shortens Procurement Cycle
• Economical and Environment
Friendly
• Greater Transparency
• Improvement in work culture in the
departments
• System aided Evaluation process
• On the fly reports/comparatives
statement
• Minimize Human errors
• Minimal Storage Spaces
• Change in Perception – Progressive
Organization
• Lesser hassle of communication and
administration
8. E - BIDDING
• Is an electronic bidding event
• It has defined negotiation rules
• A buyer and two or more suppliers take part in
this online event
9. E-BIDDING PROCESS
The product and
the amount is
specified
Suitable and adapted
auction design is
chosen
Date and potential
suppliers are set
The final decision is based on
overall supplier rating and
then the final report is
created
After approving the invitation
by the supplier E-agreement is
defined
Supplier make bids during a set
time frame and can also see their
ranking based on the given bids
E-bidding starts once the e-
agreement is approved by the
supplier
PROCESS
10. TYPES OF BIDDING
• Penny Auction
• Beginner
• Peak auction
• Dutch bidding type
• Scratch bidding process
• Highest unique
• Lowest unique
11. ADVANTAGES OF E-BIDDING
Buyers receive competitive prices
Buyers can reach suppliers worldwide
Bids can be easily compared by the buyer
Time saving in comparison to usual negotiations
Cost saving due to less person hours, less paperwork and less travel
costs
Suppliers gain more knowledge of the market
All bidders have access to the same information and the process is
clearly defined
Secure Bidding System
Suppliers can react directly to bids from competitors
12. E-TENDERING V. PHYSICAL TENDERING
E-TENDERING
• It is Economical as Fixed Cost is
involved
• Environmental Friendly
• Anytime-Anywhere Bidding i.e.
bidding can be done easily
• Bidding is possible on Holidays as
well
• Automated & Accurate process as
work is done online
• Content can be shared easily
• Foolproof Security
PHYSICAL TENDERING
• It is an expensive process
• Paper Based Procurement
• There is restricted mobility in this
kind of tender
• Not possible on Holidays
• It is prone to human errors as all
work is done physically
• Content is not sharable at all
• Physical Security
Source:
https://eprocure.gov.in/epublish/app?page=FAQFrontEnd&service=page