Transparency improves standard...
This System is intended to be used by all Departments, Agencies and Corporations of Maharashtra for processing of the Tenders online. Suppliers and Contractors intending to do business with those Departments, Agencies and Corporations of Maharashtra who have migrated their processes online are invited to register on the Electronic Tendering System.
Public sector organisations use e-Tendering for contracts to achieve benefits such as increased efficiency and cost savings (faster and cheaper) in government procurement and improved transparency (to reduce corruption) in procurement services. E-procurement in the public sector has seen rapid growth in recent years. Act 590 of Louisiana's 2008 Regular Legislative Session requires political subdivisions to make provisions for the receipt of electronic bids.
This field is populated by two types of vendors: big enterprise resource planning (ERP) providers which offer e-procurement as one of their services, and the more affordable services focused specifically of e-Tendering.
An e-procurement system manages tenders through a web site. This can be accessed anywhere globally and has greatly improved the accessibility of tenders. E-Tendering is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning. E-Tendering is done with a software application that includes features for supplier management and complex auctions. The new generation of e-Procurement is now on-demand or a software-as-a-service .
The e-Tendering value chain consists of indent management, eTendering, eAuctioning, vendor management, catalogue management, and contract management. Indent management is the workflow involved in the preparation of tenders. This part of the value chain is optional, with individual procuring departments defining their indenting process. In works procurement, administrative approval and technical sanction are obtained in electronic format. In goods procurement, indent generation activity is done online.
Elements of e-Tendering include request for information, request for proposal, request for quotation, Digital Signature, RFx (the previous three together), and eRFx (software for managing RFx projects).