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eTender Terrestrial IT Ltd. Home / eTender

Welcome to our eTender system

 

Terrestrial IT introduces the online tendering system to facilitate the procurement process of an Organization. eTender system is an inhouse product of Terrestrial IT. The system will help you to participate in the local and international tender/procurement of your Organization. Register as a bidder and experience the immediate benefits of eTender.

eTender is fast public procurement publishing place in Bangladesh.

Why eTender ?

Manual tender processes can be long and cumbersome, often taking three months or longer, which is costly for both buyer and supplier organizations. eTender System (or Electronic Tendering System) developed by M/S Dhaka Services Company, replace these manual paper-based tender processes with electronically facilitated processes based on best tendering practices to save time and money.

eTender System offers an opportunity for automating most of the tendering process: from help with preparing the tender specification; advertising; tender aggregation; to the evaluation and placing of the contract.

Business benefits:

  • Reduced tender cycle-time
  • Fast and accurate pre-qualification and evaluation, which enables the rejection of suppliers that fail to meet the tender specification
  • Faster response to questions and points of clarification during the tender period
  • Reduction in the labor intensive tasks of receipt, recording and distribution of tender submissions
  • Reduction of the paper trail on tendering exercises, reducing costs to both councils and suppliers
  • Improved audit trail increasing integrity and transparency of the tendering process
  • Improved quality of tender specification and supplier response
  • Provision of quality management information

eTender System encompasses:

  • The creation of and approval of purchase requisitions
  • Publication of Invitation to Tender (ITT)
  • Expression of interest (EOI)
  • EOI management
  • Pre-qualification and selection of vendors
  • Publication of tender documents
  • Bid submission
  • Opening bids and bid evaluation
  • Placement of contract within a secure environment

eTender system objective

An e-Tendering System (or Electronic Tendering System) facilitates the complete tendering process from the advertising of the requirement through to the placing of the contract. This includes the exchange of all relevant documents in electronic format. The eTender System can coverage those tendering field, as follows

  • RFQ(request for quotation)
  • RFT(request for tender)
  • e-bidding

Comparison of Manual & eTender system

Manual Tendering System eTender System
Longer Procurement Shorter Procurement
Expensive Economical – Fixed Cost
Paper Based Environment Friendly
Procurement Restricted Mobility Anytime – Anywhere
No work on Holidays and after office hours Bidding possible on Holidays and after office hrs
Prone to Human errors Automated & Accurate
Content not sharable Process Shareable Content
Physical Security Foolproof Security
Difficult to retrieve One click access to bids

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