e-Tender
Transparent electronic tendering: KYC vendor setup, encrypted bids and automated evaluation.
- Vendor registration
- Tender publishing
- Bid submission
- Open & evaluate
- Award & contract
Domain E
Procurement & Auctions
Transparent tendering and asset auctions.
The three ways a public body decides who gets a contract, an asset or a plot: a tender, an auction and a draw. What each platform protects is the fairness of the moment of decision. A bid cannot be opened before the deadline, and the financial bid not before the technical one. An auction increment is applied by the machine and every bid is timed. A draw is randomised, honours reservations and quotas, and leaves a trail an auditor or a court can inspect. Deposits and refunds reconcile per bidder.
Products in this domain
e-Auction
Real-time, multi-level asset auctions with automated increments and secure settlement.
- Asset listing
- Promotion
- Bidding
- Settlement
- Wrap-up
e-Lottery
Computerised, randomised lottery for transparent allotment of residential, commercial and institutional properties, from scheme creation to allotment letter.
- Scheme setup
- Registration
- Application
- EMD & selection
- Lottery draw
- Allotment
Talk to Sketch about Procurement & Auctions
Describe the process and who runs it. We will say which platform is closest and where the gaps are.