Before any tendering process can be done, a professional team must be ready with all the tendering documents checked and approved. The process of tendering involved some kind of complicated procedures and processes unlike with the help of an eProcurement software. Once accepted tender is a binding contract. This means that the company or a person who has won the tender has to provide goods and services in the manner agreed to and at the price offered and the client will have to pay the agreed price in the agreed time. Once the client/government accepts a tender, it is binding on both parties. Although as we know an e-tendering process is a very important decision on which tender to bid or accept, it is not the only factor to be taken into account. For example, certain places may have various procurement policies which guide the government of that place on how to make a decision and which tender to accept. The e-tendering process in India is designed to ensure that the work to be done for the government or a particular client is done in a fair way. In the initial step of this tendering process, the contractors are invited to submit sealed bids for construction or for the supply of specific and specifically designed services or goods during a specific timeframe. What is e-tendering? A tender can be described as an offer to perform some task or supply goods at a fixed price.
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