E-TENDERING

INTRODUCTION

E-Tendering is an electronic tendering solution facilitates the complete tendering process from advertising until placing of the contract in electronic format. Other similar terms used for e-tendering are RFQ, RFT and e-bidding. E-Tender allows tenderers to run tenders through a secure website. It offers a simple, secure, standard, efficient and cost effective way to manage tenders compare with conventional tendering procedures. E-Tendering is suitable for tenders of all types and sizes of project. It can be used for public sector as well as private sector tenders. Tenders can be run as either sealed or unsealed.

BENEFITS
The business benefits of using e-tendering are as follows:

• Reduced tender cycle-time
• Maintains and improved an audit trail of all communication between the client/quantity surveyor and contractors
• Increasing integrity and transparency of the tendering process
• Provides secure and safe tendering
• Fast and accurate pre-qualififcation and evaluation
• Improves efficiency, reducing cost and eliminates waste and many mundane tasks
• Faster response to questions during tender period
• Speeding up the procurement cycle
• Reduction of paper trail on tendering exercises
• Improved quality of tender specification and tenderer response.
• Save time and money since manual tender processes can be long and cumbersome.
• Easier management and comparison of tender by the tenderer because all tenders can be stored in one place

Some positive feedback received from e-tendering users:
"E-Tendering is a positive move for the construction industry as a whole. It provides many benefits with regards to time, cost and quality as well as green issues and can be applied to all projects large or small. It results in the tendering process improving for Clients and Contractors alike and should become the preferred tendering procurement option." - Alistair Howden, Project Surveyor, Davis Langdon