Search results
Results From The WOW.Com Content Network
Government e Marketplace (GeM) is an online platform for public procurement in India. [1] The initiative was launched on 9 August 2016, by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers. [2]
Rashtriya e-Market Services (ReMS) is established as a joint venture of Government of Karnataka (India) and NCDEX spot exchange limited with equal shareholding. It was conceived to blend public interest with the initiative of a private enterprise for establishing, operating, managing a specialized electronic trading platform called Unified Market Platform (UMP) for auctioning of farmer's produce.
[citation needed] An e-procurement system also manages tenders through a web site. An example is the 'System for Acquisition Management (SAM)' which on July 30, 2013, combined information from the former Central Contractor Registration and Online Representations and Certifications Application (ORCA), [ 28 ] in the United States.
Maharashtra Industrial Development Corporation (MIDC) is a project of the government of Maharashtra state in India and is the leading corporation of Maharashtra.It provides businesses with infrastructure such as land (open plot or built-up spaces), roads, water supply, drainage facilities and street lights.
One form of reverse auction is static auction (RFQ or tender). Static auction is alternative to dynamic auction and regular negotiation process in commerce especially on B2B electronic marketplace. In 2003, researchers claimed an average of five percent of total corporate spending was sourced using reverse auctions. [7]
Invitation to tender is also a similar process to a tender notification. The major difference is the institution or organisation who created the tender chooses whom to invite, often in the form of a closed tender where they can then publish a Voluntary Ex-Ante Transparency Notice (VEAT) for transparency. [4]
Films. On the film front, among projects in post-production, the tender and poetic family drama “The Love that Remains” was an obvious Cannes entry ticket for Iceland’s multi-awarded Hlynur ...
EU laws apply only to tenders that exceed certain thresholds in value. These thresholds vary depending on the area the contract is for and if the procurement is done by a central government or by other public authorities (e.g. municipal government). National laws are applied for tenders below these threshold values. [92]