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E-Auctions

E-Auction is an electronic mode for purchasing and selling of goods and for finalizing the contracts. E-Tender is also extensively used to finalize the project contracts

E-AUCTION:

  • We have provisions to conduct E-Auction after opening of bids to get better prices

  • The contract is finalized on the basis of highest price achieved in the E-Auction

E-Seal Bid:

E- Seal bids are normally used to get the feedback of rates prevailing in the market are subsequently used for fixing start bid price for the subsequent E-Auctions. Seal bids are open for fix time and bidders can change this bid any number of times during this period