The number of tenderers registered with electronic government procurement (e-GP) system crossed the 50,000 mark as the number stood at 50,094 yesterday.
The Central Procurement Technical Unit (CPTU) of IME Division under the Ministry of Planning has been implementing e-GP in the process of public procurement since 2011 with support from the World Bank. Implementation of e-GP has created a positive impact on public procurement.
It saves time and costs. The e-GP has increased competition from 4 per tender to 11. Until 22 October 2018, a total of 2,15,617 tenders involving a total of $24.75 billion (Taka 1.98 lakh crore) were invited through e-GP.
---BSS
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