The State Works Department and the State Bank of India signed an MoU on Friday for integration of SBI e-procurement with NIC, Bhubaneswar in the presence of Works Secretary Nalini Kanta Pradhan and SBI General Manager Gautam Bhattacharya.
This MoU is an initiative by the Works Department to facilitate the bidders of e-tendering and e-procurement to pay the cost of tender papers/ earnest money deposits (EMDs)/ bid security online to various Government organisations like BDA, OMC, IDCO, BSE and RD and Works Departments.
The State Procurement Cell has arrangements with the National Informatics Centre (NIC) for managing e-tendering and e-procurement for various State Government departments. The entire cycle starting from paying the requisite fees, settlement and refund to unsuccessful bidders would be on fully digitised platform.
As per the proposed arrangements, the bidders would be able to pay the EMDs online using the SBI’s internet banking facility. It would promote hassle-free digital transactions.