• Sunday, March 01, 2015

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Electronic Bid

Procurement reforms off to a good start

Procurement reforms supported by the World Bank have made an encouraging start as online bid invitations by government agencies went up by a staggering 571 times since its inception two years ago. The number of electronic bid invitations for public procurement grew to over 8,000 in May 2014 from only 14 in June 2012, the WB said in a statement yesterday.   Similarly, the number of registered bidders for the electronic government procurement (e-GP) grew by 30 times to 8,900 in...

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