E-procurement system to be devised
LAHORE Punjab IT Board (PITB) and the World Bank (WB) will devise the first e-procurement system for the provincial and central governments of Pakistan that will likely to save up to 25% government budget, presently run by the paper based old system. It was decided in a meeting held at
By our correspondents
November 26, 2015
LAHORE
Punjab IT Board (PITB) and the World Bank (WB) will devise the first e-procurement system for the provincial and central governments of Pakistan that will likely to save up to 25% government budget, presently run by the paper based old system.
It was decided in a meeting held at the Arfa Software Technology Park on Wednesday, according to a press release. The meeting was also attended among others by Chairman PITB Dr Umar Saif, WB Consultant Paul Ronald Schapper and Senior Procurement Specialist of World Bank Uzma Sadaf. The WB team discussed matters regarding implementation of e-procurement in Punjab and support to roll out it to other provinces and federal government.
Delineating different components of the project, Dr Saif told the media that the PITB was already working on the project in collaboration with the Punjab Procurement Regulatory Authority (PPRA) and the World Bank. He said “e-Procurement will eliminate the hectic and flawed paperwork by making all process of advertising, bidding, evaluation, notification, contract awarding and payment electronic.
The system will provide vendors with the online facility of registration, viewing of tender documents and bids submission.” Dr Saif further told the media that new system would enable the standardisation of procurement procedure, reduction in time and cost, fast compliance and reporting, access to information, enhanced level of trust, better record keeping and effective auditing. The World Bank team revealed that the system was successfully working in Bangladesh and India by making five to 25 percent savings. The team assured full cooperation to make it a success as it was a web based system that proved highly effective in minimising visits, reducing documentation, improving decision making and above all improving transparency, efficiency and public service delivery in the public bodies.
Punjab IT Board (PITB) and the World Bank (WB) will devise the first e-procurement system for the provincial and central governments of Pakistan that will likely to save up to 25% government budget, presently run by the paper based old system.
It was decided in a meeting held at the Arfa Software Technology Park on Wednesday, according to a press release. The meeting was also attended among others by Chairman PITB Dr Umar Saif, WB Consultant Paul Ronald Schapper and Senior Procurement Specialist of World Bank Uzma Sadaf. The WB team discussed matters regarding implementation of e-procurement in Punjab and support to roll out it to other provinces and federal government.
Delineating different components of the project, Dr Saif told the media that the PITB was already working on the project in collaboration with the Punjab Procurement Regulatory Authority (PPRA) and the World Bank. He said “e-Procurement will eliminate the hectic and flawed paperwork by making all process of advertising, bidding, evaluation, notification, contract awarding and payment electronic.
The system will provide vendors with the online facility of registration, viewing of tender documents and bids submission.” Dr Saif further told the media that new system would enable the standardisation of procurement procedure, reduction in time and cost, fast compliance and reporting, access to information, enhanced level of trust, better record keeping and effective auditing. The World Bank team revealed that the system was successfully working in Bangladesh and India by making five to 25 percent savings. The team assured full cooperation to make it a success as it was a web based system that proved highly effective in minimising visits, reducing documentation, improving decision making and above all improving transparency, efficiency and public service delivery in the public bodies.
-
ByteDance’s New AI Video Model ‘Seedance 2.0’ Goes Viral -
Archaeologists Unearthed Possible Fragments Of Hannibal’s War Elephant In Spain -
Khloe Kardashian Reveals Why She Slapped Ex Tristan Thompson -
‘The Distance’ Song Mastermind, Late Greg Brown Receives Tributes -
Taylor Armstrong Walks Back Remarks On Bad Bunny's Super Bowl Show -
James Van Der Beek's Impact Post Death With Bowel Cancer On The Rise -
Pal Exposes Sarah Ferguson’s Plans For Her New Home, Settling Down And Post-Andrew Life -
Blake Lively, Justin Baldoni At Odds With Each Other Over Settlement -
Thomas Tuchel Set For England Contract Extension Through Euro 2028 -
South Korea Ex-interior Minister Jailed For 7 Years In Martial Law Case -
UK Economy Shows Modest Growth Of 0.1% Amid Ongoing Budget Uncertainty -
James Van Der Beek's Family Received Strong Financial Help From Actor's Fans -
Alfonso Ribeiro Vows To Be James Van Der Beek Daughter Godfather -
Elon Musk Unveils X Money Beta: ‘Game Changer’ For Digital Payments? -
Katie Holmes Reacts To James Van Der Beek's Tragic Death: 'I Mourn This Loss' -
Bella Hadid Talks About Suffering From Lyme Disease