0755-44078646 info@tenderalert.in

Tuesday, 28 April 2015

Public Sector and Private Sector Procurement: Definition and Differences.


E-procurement is one of the pioneer techniques that are using for procurement through online. It is gradually increasing worldwide and replacing the conventional procurement method.
As E-Procurement process is growing, many technical terms is repeatedly used over internet and other electronic means to describe the details of E-Procurement. If we classified procurement broadly then we can easily classified the E-Procurement in two terms- Public Sector Procurement and Private Sector Procurement.

Public Sector Procurement:-  "Public Sector Procurement" is the process of buying the services and products from suppliers to government authorities through the government portal.
In India there are many government portals who are managing the government's procurement process. In Public sector e Procurement is growing very rapidly. In India the public sector procurement is enhanced under the massive mission of "E-Governance" throughout the country.

Public Sector Procurement generally cover all the government public works and services by approx all the government departments. There might be some departments which are not included in the government public procurement like military services procurement due to it's sensitivity and confidentiality. It is also be remembered that in many cases there may be some restrictions by governments in terms of availability of any departments procurement. In India many departments like public health, nuclear energy and other important departments may have additional criteria to take part in procurement process.

Private Sector Procurement:-

Public Sector Procurement is the procurement process being conduct by the online portal owned by the private organization. This type of procurement is normally being conduct for delivering the goods and service to any private company or organization. The main focus of "Private Sector Procurement" is to emphasize the profitability.

Some Important Differences:-

Unlike in the public sector, where the emphasis is on providing effective and efficient services to the public, private sector procurement focuses primarily on profitability.

The other main difference is the procedure. Unlike procurement in the private sector, public sector procurement requires a bureaucratic procedure to be followed due to the nature of the institutions. A major characteristic of the public sector is the regulation of the procurement process by local, regional, national and international authorities.

Flexibility is another important difference between both the processes. Private sector procurement process is regarded more flexible and innovations friendly while public sector is very strict in terms of regulations and sometime it appears inflexible in many ways.

The other important difference is communication between both the ends. Private sector process is normally user friendly and generally has some features to communicate between the two ends easily while public sector is very rule based process to communicate each other and often it is very difficult to contact each other.

Go to Lotus Procure WebsiteGo to Tender Alert Website


Wednesday, 15 April 2015

Rules and Laws for Digital Signature Certificate in India

Digital signature certificate is an online identity of any individual or organization. It is also called DSC. It is very important digital document that needs very secure environment to create and use this. The Digital Certificates in India is regulated by Indian government and the government is also made certain law and regulation for it.

Digital signature is a mathematical scheme for demonstrating the authenticity of a digital message or document. A valid digital signature gives a recipient reason to believe that the message was created by a known sender, and that it was not altered in transit. Digital signatures are based on public key encryption. It uses prime numbers like 2,3.5.7,9,11 and so on which can be divided only by itself or by 1 and is incapable of division by other numbers. We have unlimited prime numbers and in DS we use the multiples of prime numbers.

In India, MCA-21 program launched by the Ministry of Corporate Affairs (MCA) really revolutionized the use of digital signature by making E-filing mandatory for most of the documents required to be filed under the Companies Act 1956 and under the Limited Liability Partnership Act 2008 (LLP Act). The Income tax department followed suit and provided compulsory filing of returns in the electronic mode except a few under the Income Tax Act 1961. The Central Excise Act and Finance Act 1994 (dealing with service tax) also provides schemes for E-filing. Now the application for registration under Foreign Contribution Regulations Act provides that it shall be filed electronically. The application for IEC code is to be filed electronically with DGFT (Director General of Foreign Trade).

Let us see the statutory definition of DSC.
Section 2(q) of the Act defines the Digital Signature Certificate to mean a Digital Signature Certificate issued under sub-section (4) of section 35 and does not explain its meaning. DSC is issued by the authorities known as CA (Certifying Authorities). Section 35 deals with the procedure for issue of electronic/digital signature by the Certifying Authorities (CA). Section 35(4) provides that on receipt of an application under sub-section (1), the Certifying Authority may, after consideration of the certification practice statement or the other statement under sub-section (3) and after making such enquiries as it may deem fit, grant the Digital Signature Certificate or for reasons to be recorded in writing, reject the application Provided that no application shall be rejected unless the applicant has been given a reasonable opportunity of showing cause against the proposed rejection. Thus the IT Act 2000 as such do not contain the exact meaning of the term Digital Signature Certificate but only describes that such a certificate is one which is issued by the CA after following the prescribed procedure. But I have already explained the meaning of the same in the above paragraph.

The Indian Evidence Act 1872 is a piece of legislation dealing with evidences that can be produced or admitted in a court of law by the litigating parties. The law which was enacted in 1872 naturally did not envisage electronic signatures and records as evidences. Hence in view of the widespread use of electronic records and Electronic signatures including DS it was felt necessary to amend the said Act to make it in conformity with the changing trends in the society.

Section 3 of the Evidence Act 1872 provides for interpretation or definition of certain words or expressions used in the Act. The said section was amended to include electronic records also in the definition of the term evidence. Further section 47A has been inserted to provide that when the Court has to form an opinion as to the electronic signature of any person, the opinion of the Certifying Authority which has issued the electronic Signature Certificate is a relevant fact.

Section 67A has been inserted which protects the secure electronic Signature (DS). It provides that if the electronic signature of any subscriber is alleged to have been affixed to an electronic record the fact that such electronic signature is the electronic signature of the subscriber must be proved except when the same is a secure electronic signature. Section 73A has been newly inserted to provide that the court may direct the concerned person or Certifying Authorities (CA) to ascertain whether DS is that of the person by whom it is purported to have been affixed. It may also direct any other person to apply the public key listed in the electronic Signature Certificate and verify the electronic signature purported to have been affixed by that person.

Go to Lotus Procure WebsiteGo to Tender Alert Website


Tuesday, 7 April 2015

Recognition of Trending Tender Approaches

Out of all the applicants, only those contractors are selected those who employ the methodical approach. The methodical approach implicates that all the pros and cons have to be kept in mind and then plan the format accordingly. To start with, the online sources are available in abundance, which have proved to be beneficial for the users who do not possess any experience in writing tenders. Most of the websites provide tutorials to the individuals to polish their basics about the tender writing. These tutorials can be selected on the level of proficiency. For instance, beginners can choose their lessons which start with basics whereas the aspirants who know few aspects about tendering can proceed with the instructions which have been meant for them.
e-procurement information image

After referring to these lessons, it is advisable for the candidates to proceed on the basis of tips mentioned in the tutorials. Alternatively, you can hire a professional or skilled person to write tender as he/she understands the importance of tendering in the accurate manner. Furthermore this expert can work diligently and file tender document in an effective way. Apart from this option will save your time and deliver sure-shot output effortlessly. You may have to shell out money depending on the fee of tendering expert but you can be assured about the precise results. These bid writing services may be offered by an individual or you can hire them through an agency, according to the resources as well as alternatives available.

The online process of tendering is very simple process as it required not so much effort on ground. Practically online tender is very convenient way for bidder to find the appropriate tender and bid on them. And for the project issuer, it is very easy way to manage all their bidders. They can easily choose the appropriate bidders according to their requirements.

On the other hand if you have a commendable flair in writing then it will become easy to come up with proper documents for tendering. It implies that by getting acquainted by the basic know-how of tendering through online or offline mode, you can easily prepare a proposal or tender bid without seeking the help of any agency or professional for the very task. Besides, you are required to be careful about the presentation of tender. Presentation may not necessarily mean the clear and accurate matter but, you need to even frame the ideas in the sequential order. It will further assist the client to assess it in the most practical manner and may not waste his/her time by lending him formatted tender bid.

If you are looking for the opportunities inviting for tender bids, then you can refer to trade journals or magazines which comprise of advertisements and notifications to draw attention of tendering applicants. These are offline resources but you can even count upon the cyber-savvy methods too. The Tender Alert website is an online source for staying updated about the notifications and alerts about the tenders. By referring to this website, one can check tender notices and accordingly come up with bid or proposal for procuring a contract. Tender alert is basically a tender alerts provider and you can get instant E-mail and SMS alert of latest tenders. The “Tender Alert” service is only provide government tender information and only from the state “Maharashtra, Madhya Pradesh. Chhattisgarh.
No comments

Friday, 3 April 2015

E-tendering and Digital signature certificate requirement

If you see Most of the State and central government has switched to e-tendering system from the traditional paper based closed tender system. This not only cuts paper work, delay but also brings in transparency in the system of choosing preferred service providers.

This provides opportunity to apply for tenders irrespective of the location where one stay.
Tendering is a process of carrying out entire Tendering Cycle Online including submission of Price Bid such that Efficiency, Economy, Speed of Internet can be harnessed.. Benefits of E-tendering: •Completely Automated Process
•Shortens Procurement Cycle
•Economical and Environment Friendly
•Greater Transparency
•Improvement in work culture in the departments
•System aided Evaluation process
•On the fly reports/comparatives statement
•Minimize Human errors
•Minimal Storage Spaces

DSC Illustration

Digital Certificate is your Internet Passport. Digital Certificate come with 1 / 2 Years validity and can be procured easily, in less than 8 Hours. It is Highly Secure, used at various military installations across the world to secure Data. The data of Digital Signature encrypted with public key, and can only be decoded by corresponding private key. There for it is considered to be safe and secure in all level.

There are 7 licensed Certifying Agency (CA)  in India and they are:-  Safescrypt, NIC, IDRBT, TCS, MTNL, Customs & Central Excise, (n)Code Solutions CA

The following Indian acts describe the rules for obtaining the digital signatures and uses of it.
1. E Commerce Activities – IT ACT 2000

    Any document which is digitally signed, by digital certificate issued by a licensed Certifying Agency (CA) who is approved by Controller of Certifying Agency (CCA) will be considered as a valid document in the court of law.

2. E Procurement – CVC Guidelines
    E Procurement is allowed as per the guidelines of CVC order no. 46/9/03 provided the E Procurement is done in a fair and transparent fashion & IT Act 2000 is complied.

Go to Lotus Procure WebsiteGo to Tender Alert Website

1 comment