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Buyer creates and authorizes registration notifications in required COTs
and sends to various vendors. On receipt of the filled in form buyer
evaluates a vendor and registers him as vendor in Buyer's dynamic
vendor database.
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- Vendor automatically receives registration
notifications based on the matching of COT's and
requests for the registration form, receives the registration form, fills the
form along with the attachments and sends to the buyer for
evaluation.
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- Buyer creates and authorizes web tender (Open or limited)
notifications with the required images/attachments. Buyer sends the tender
forms to vendors upon their request, receives tender offers,
processes tender, opens tenders in stages, negotiates and awards.
Acknowledgements for the tender form fee and EMD are also
supported. Corrigendum related to tender is accommodated and can
be sent at any point of time during the tender flow.
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Vendor receives the notifications and request for tender forms by paying
tender form fee. Submits filled-in tender form with the
offer, EMD, attachments and updated registration form. Vendor can quote the
best prices till the last moment of tender closing date.
Vendor tracks tender openings in stages. Participate in negotiation through
net meeting.
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