Financial Daily from THE HINDU group of publications
Wednesday, May 15, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Government - E-Governance


E-tendering soon to cut project costs

V. Rishi Kumar

Under this initiative, the Government proposes to place details of the project, the tendering approach and invite applications for tenders making it convenient for those looking to be part of the process.

HYDERABAD, May 14

AS a part of the ongoing reform process covering both the administration as well as the tendering process for the State projects, the Andhra Pradesh Government has embarked on a technology-driven initiative, which paves the way for an e-tendering system.

This novel approach is designed at curtailing the project cost; bring in greater transparency and also check malpractice associated with the tendering process in the Government-tendered projects.

The Government had to contend with the problems of formation of contractor syndicates and leakage of tender quotes. Following this, the Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, had constituted a Cabinet sub-committee to study the system and the administrative mechanism and chart out a route map. Based on this, the Government had decided to go in for e-tendering system.

Under this initiative, all civil and engineering projects, to be routed through the tender-based system, are to be gradually undertaken through this electronic tendering process whereby contractors can apply online and secure information online and also submit their tenders, according to official sources.

The Roads and Buildings Minister, Mr T. Nageshwara Rao, had announced the move after an interactive meeting with contractors.

It is estimated that thousands of crores worth projects are tendered annually and the Government is of the view that even if it is able to save even a fraction of this through better system of tendering, it will bring in savings for the exchequer.

Under this initiative, the Government proposes to place details of the project, the tendering approach and invite applications for tenders making it convenient for those looking to be part of the process.

However, back-up in the form of actual physical submission will also be extended, it is learnt.

The State Cabinet has also learnt to discuss the proposals, and the process is to be formally kick-started shortly.

A meeting of contractors both local as well as from regional centres was convened and there was unanimity about the usefulness of the system.

Send this article to Friends by E-Mail

Stories in this Section
Bengal to issue policy note on core projects


Cable TV network amendment Bill introduced in Parliament
Patents Bill passed
TDP tries to get Balayogi widow elected unopposed
Major power failure in Tamil Nadu
Clarification on changes in sales tax levy
Panchayat Raj engineers threaten stir
E-tendering soon to cut project costs


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line