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CIL awarded for automated tendering process

Press Trust of India  |  Kolkata 

major Coal Ltd today said it has been awarded for "innovative use of its fully automated tendering process" at a national workshop organised by the The workshop was conducted by the Ministry of Finance, Department of Expenditure, NIC, Ministry of Electronics and Coal and its subsidiaries have a dedicated portal (https://coalindiatenders.nic.in) that was developed in 2013 in association with National Informatics Centre (NIC), using their GePNIC software for online bidding, the said in a release. The software uses the conventional two-cover system for technical and price bids for procurement of goods, works and services, the release said. In January 2016, the company designed the process for automatic evaluation of bids and of earnest money deposit.

The EMD of unsuccessful bidders is refunded automatically once their bid is unsuccessful, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 17:40 IST
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