The grand arrival of internet technology has been responsible for transforming the traditional practice of tendering. Governments around the world have felt the urgent need to improve their services and to deal with all kinds of issues without delay and complications.
We are all aware of the immoral and corrupt practices that take place at tendering and procurement boards levels. The launch of E – Procurement and Online Tendering has definitely resulted in minimizing corruption at higher levels in the government. It brings transparency, easy accessibility to people and also includes other benefits such as conducting business transactions on the internet.
Online Tendering brings a lot of positive factors in the tendering and procurement business. It can be accessed any time and from any place. High level of efficiency, mass reach, easy access to information and details and more importantly; reduce high tender processing costs of the public sector in terms of time and money.
The emergence of the Internet has metamorphosed the entire process of tendering. Bidding for a tender online will provide an added advantage to both the government and its people by minimizing corruption while inviting bids for tenders. Time is easily managed and things can also be handled more efficiently. With the advent of the online system, tendering procedure has become less time consuming and inexpensive.
We all know of the disproportions and corruption involving tenders which have escalated to such proportions that works are already being dispersed among the delegated quarters even before calling for bids. Such kind of corruption in the process will also drive the foreign investors away.
To draw attention to its many beneficial features, it is of utmost importance that the positive factors of e-tender ought to be highlighted and brought to notice.
People should be made to comprehend that the process of online tender submission is a much simpler and easier process than manual tender submission. Even contractors, technologists and engineers are well aware of the benefits of e-tendering and the transparency that it offers. It is the ideal solution for combating corruption at the highest level in the tendering and procurement levels of the government.