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E-Procurement System provides a secure, fair and transparent method of materials procurement through a web-based interface. It enables suppliers to securely upload their tenders to a central server in encrypted form, which can be decrypted only by authorized railway officials after the tender opening.
IRSS Officers man the senior posts of stores department and also general administrative posts of Indian Railways. [2] The members of this group A service are recruited through the Engineering Services Examination conducted annually by the Union Public Service Commission [3] [4] The basic qualification for appearing in this examination is a degree in engineering and all the members belonging to ...
Engineering, procurement, and construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects. [1] They may follow a Front-End Engineering and Design (FEED) contract.
A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...
E-procurement (electronic procurement, sometimes also known as supplier exchange) is a collective term used to refer to a range of technologies which can be used to automate the internal and external processes associated with procurement, strategic sourcing and purchasing.
not disclosing evaluation criteria to bidders within tender documentation; improper procedures for tender evaluation; lax oversight and monitoring of outsourced projects. [255] GeBIZ is a Government-to-business (G2B) Public eProcurement business centre where suppliers can conduct electronic commerce with the Singaporean Government.
In 1944, all the railway companies in existence at the time were taken over by the Government. [12] In December 1950, the Central Advisory Committee for Railways approved the plan for re-organizing Indian Railways into six regional zones which were divided subsequently to create newer zones.
The tender is treated as an offer to do the work for a certain amount of money (firm price), or a certain amount of profit (cost reimbursement or cost plus). The tender, which is submitted by the competing firms, is generally based on a bill of quantities , a bill of approximate quantities or other specifications which enable the tenders to ...