E Procurement System News Today

News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.

Launched in August 2016, the total value of orders placed through GeM in 2018-19 was Rs.17,445 crore, which gradually went up to about Rs.1.07 lakh crore in 2021-22 | Latest News India

The Public Procurement Service (PPS) shared Korea’s e-procurement system and the latest development of the nation’s government purchasing knowhow with a group of Iraqi Kurdistan government officials who visited the PPS in Daejeon, Wednesday.

The Public Procurement Service (PPS), a government department that oversees and manages the public procurement activities of Korea, has stepped up its efforts to strengthen global cooperation with overseas counterparts, aiming to further promote the excellence of what it calls “K-procurement.”

KATHMANDU, Aug 16: The government has introduced mandatory implementation of the electronic procurement (E-procurement) system to create an environment where the public procurement process is more transparent, competitive and not monopolized by limited bidders. At present, 5,706 public bodies, 46,722 willing bidders, and 2,743 bank branches have integrated this system, said Dr Damodar Regmi, secretary of the Public Procurement Monitoring Office (PPMO).

196 trillion won ($146.7 billion). This is the size of the nations entire public procurement market last year. What if we extend the stage to the world? If calculated on average across OECD countries, the global public procurement market is estimated to be around $12 trillion. Its a huge market that accounts for a staggering 13 percent of global GDP.

The nullification was a result of a 17-minute hitch at Kenya Power’s e-procurement system that locked out Galana Oil Kenya Ltd, from the lucrative tender.

PR collaborates with Tejari Pakistan for e-procurement system % Federal Minister for Railways Mr. Azam Khan Swati launched pilot project of E-Procurement System in

Shriram Automall India Limited (SAMIL), part of Shriram Group and MXC Solutions, has received the Standardisation Testing & Quality Certification (STQC) E-Procurement System (ePS) certificate from the Ministry of Electronics & Information Technology. The certificate will enable the company to foray into the Rs 50,000 crore public sector forward auction industry. After going through extensive tests for nearly three years, SAMIL has become the first private company in India to have its auction ...