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Why is the Performance Security Validity Date generated automatically in the e-GP system?
The Bangladesh e-GP system now automatically calculates the Performance Security Validity Date based on the Work Start Date and Work End Date specified in the tender notice, with an additio…
What conditions trigger the automatic release of Tender Security in the Bangladesh e-GP system?
Tender Security is a financial guarantee submitted by a tenderer to ensure the validity of the tender and the tenderer's commitment during the procurement process. Many users are uncertain…
What is an e-GP Tender ID?
A Tender ID is a unique identification number assigned to a tender in the e-GP system. It helps users identify and search for a specific tender.
What is a Tenderer?
A tenderer is an eligible individual, company, firm, contractor, supplier, or other entity that submits a tender in response to an invitation for tender.
What is e-GP?
e-GP means Electronic Government Procurement. It is the electronic system used for conducting government procurement activities online. Depending on the procurement process, e-GP supports a…
What is an e-STD?
e-STD means Electronic Standard Tender Document. It is a standardized electronic tender document used for applicable procurement categories.
What is OTM?
OTM means Open Tendering Method. Eligible tenderers may participate subject to the requirements and conditions specified in the Tender Document.
What is a procurement method?
A procurement method is the legally applicable method used for procuring goods, works or services. The applicable method depends on the procurement circumstances and current rules.
What is a Tender Document?
A Tender Document is the complete set of documents containing the instructions, requirements, specifications, conditions, forms and evaluation criteria applicable to a tender.
What should I check first after opening a tender notice?
First check the Tender ID, procurement method, package/lot, eligibility requirements, submission deadline, Tender Security, document requirements and submission instructions.
How can I search for a tender?
Users can search for tenders using available information such as Tender ID, organization, Procuring Entity, procurement category, location, publication date and closing date.
What documents are commonly required for tender participation?
Requirements vary by tender. Common documents may include Trade License, tax/VAT documents, financial capacity evidence, experience certificates, Tender Security and other documents specifi…