Based on the success of pilot project in Northern Railway (www.nreps.com), Railway Board has sanctioned the project for implementation of E-procurement system in eight zonal railways (WR, CR, NR, SECR, WCR, NCR, SR and SCR) and five production units (RCF, ICF, DLW, DMW and RWF). Implementation of Electronic Procurement System (EPS) will increase the transparency and reduce the procurement time cycle thus resulting in improved purchase efficiency. It will also reduce the cost of material as well as cost of purchase due to savings in logistics and transaction cost. The project is to be implemented in secured Data Center at CRIS with connectivity to the railways.
The EPS Application also provides facility for :-
- Creation and uploading of various types of tender documents on the web site.
- Free search, view and download of bid documents by vendors.
- On line submission of digitally signed and encrypted bids in a pre defined format, including facility to up load documents like performance statement etc.
- Payment of tender fee and earnest money through payment gateway.
- Opening of bids on the nominated date and time by two authorized representative of buyer by applying their password and digital signature.
- Generation of item wise, consignee wise and supplier wise comparative statement of rate as well as tabular presentation of compliance to technical features.
- Access of comparative statement to vendors after tender opening.
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