e-Tendering (or e-Bidding) for Public Procurement is now an emerging trend globally, and Governments in various countries are contemplating a changeover to e-tendering. In some countries such as India, e-tendering has been declared mandatory (with changeover to be done in a phased manner)
If e-tendering is done with proper Security features and Functionality, it can result in substantive Benefits and enhanced Efficiency for the Buyer/ Purchaser, as well as, Suppliers/ Vendors:
Saving in Time and Cost
Enhanced Security and Transparency
Efficient Online Public Tender Opening Event
Greater Accountability
Higher Environment-Friendliness, et al
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