Kolkata, Jan 8 (PTI) Mining major Coal India Ltd todaysaid it has been awarded for "innovative use of its fullyautomated tendering process" at a national workshop organisedby the government.
The workshop was conducted by the Ministry of Finance,Department of Expenditure, NIC, Ministry of Electronics andInformation Technology.
Coal India and its subsidiaries have a dedicatede-procurement portal (https://coalindiatenders.nic.in) thatwas developed in 2013 in association with National InformaticsCentre (NIC), using their GePNIC software for online bidding,the state-owned miner said in a release.
The software uses the conventional two-cover systemfor technical and price bids for procurement of goods, worksand services, the release said.
In January 2016, the company designed thee-procurement process for automatic evaluation of bids andonline submission of earnest money deposit. The EMD ofunsuccessful bidders is refunded automatically once their bidis unsuccessful, it added. PTI BSMRBT.
This is unedited, unformatted feed from the Press Trust of India wire.