Electronic
tendering or e-tendering has come up as a popular trend for procuring
tenders in different categories. Apart from the private sector
organizations, those belonging to the public or government sector
have been confirming their reliance on the concept. The complete
process of tender allocation is carried out on the internet, which
makes the process faster and convenient. CPWD
tenders are among the latest to join the league of e-tenders in
India.
The
Central Public Works Department (CPWD) is controlled by the
Ministry of Urban Development in India. The organization is
responsible for different types of projects like construction and
maintenance of government
buildings, hospitals, roads, national highways, bridges and flyovers.
Considering the fast-pace urban development taking place in different
regions of the country, large numbers of tenders are expected from
the department every year.
E-tendering
helps the interested participants to conveniently approach these
tenders that are no less than wonderful business opportunities.
Here are some ways in which the concept has proved
its usefulness for the public works related tenders.
CPWD
tenders are posted not only on the official
website of the department, but on many other popular resources like
online business directories, online free tender databases like
IndiaMART where you can have a quick and easy access to latest
tenders floated all over India by Public or Private Organizations.
This provides greater exposure to the tender advertisements, thereby
making it possible for greater participation. Moreover, the
applicants from different geographical regions within the country can
access these advertisements and apply for the tenders. Such online
resources like IndiaMART and the likes also provide tender
notification services.
The
application forms specifying the specific format to apply for the
public works tenders are available for download on
the internet. This reduces the burden of paperwork for the department
as well as the applicants. A great deal of time is also saved in this
process. Most importantly, there are no chances of format disruption,
as all the applicants are instructed to apply in a particular manner
which leads to impressive consistency and fast processing.
The
process of tendering needs to have some essential traits like
transparency and confidentiality. Maintaining these traits for CPWD
tenders is extremely important, considering the nature of the public
work projects. Online tendering eliminates the chances of
manipulation or prejudice. It also involves healthy competition among
the applicants and the final decision is taken in a fair manner. The
use of encryption and digital authentication ensures safe delivery of
the applicants’ documents.
- Reduced Costs
E-tendering
results in significant reduction of the overall cost for the
applicants. For instance, the costs involved in document printing and
mailing can be saved through online tender applications. The handling
and processing costs are reduced as well.
In addition, there are other advantages like:
- The use of “by invitation” procedure, which invites applications from the qualified bidders only.
- Prevention of any kinds of delays which improves the turnaround time for the project completion.
- Use of technologically advanced software interfaces that further save the time and efforts.
- Automatic updates about the latest public works tender announcements can be obtained by the bidders.
- Better audit
trails through clear and secure tracking of communications.
CPWD tenders related to construction services and material supply have started showing higher presence on the internet. It is indeed a good step in accelerating public works development in the country.
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