Award for Central Road Projects through E- Tendering

By Accommodation Times (www.accommodationtimes.com)

All the State Governments have been advised to adopt e-tendering procedure for free, fair, transparent and fearless participation by bidders for execution of Road and Bridge works on National Highways and centrally financed schemes. They have further been conveyed that after 01/01/2012, the expenditure incurred on any work in which e-tendering has not been followed will not be entertained for reimbursement by the Ministry of Road Transport & Highways. The procedure of e-tendering has been adopted for better transparency and reduced tender cycle-time; speeding up pre-qualification and evaluation procedure. This is also expected to result in reducing the labour intensive tasks of receiving bids and is reducing the cost of participation, improved bidder response and increased efficiency. The bidders can even see their status in each tendering process and this improves the audit trail and transparency of the tendering process.