Success Stories

The following table represents a brief view of the situations after adoption of the e-tendering system:

Cost Factors Result after adoption of secured e-tendering system
Tender advertising cost 70% reduction (reduction in size of newspaper advertisement)
Number of visits of suppli­ers to MSEB Once in a year for document verification only
Number of corrigendum issued due to manual mis­takes Number of manual mistakes significantly reduced
Stationary and Printing cost Tendering now done in a paperless environment.
Increase in registered ven­dors More than 25% increase (presently more than 500)
Processing time for tender-to-contract cycle Nearly 60% (earlier it took 6 months for one tender to be completed. Now it takes less then 2 months).
Processing cost for tender-to-contract cycle Reduction of 510% assumed as per e-procurements basic characteristics

The following table gives statistics which indicate the degree of successful takeover of the traditional manual tendering process by the eTendering system:

Sr   Details     MAHAGENCO MSPGCL’s APS MAHADISCOM MAHAVITARAN    Total
1 Vendors Registered  
567
1,233
768
565
3,133
2 Tenders Processed    
616
1,194
340
272
2,422
3 Value of tenders Processed in Crores
 Rs 27,915.37
Rs 137.03  
Rs 10,714.02  
Rs 4,359.87
Rs 3,126.29

 

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The e-Tendering application of SETS is beneficial to both, MSEB and Suppliers. SETS reduced the paper chasing and accelerated the tender process thereby reducing the lead time for procurement and reduced the cost of tendering substantially.- MSEB

Implementation of SeTS at MSEB... READ MORE >>

 

The table represents a brief view of the situations after... READ MORE >>

MKCL's eAuctioning System includes Reverse and Forward options that allows bidders to quote for individual items in real time within the auctioning window.

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