PITB, World Bank to devise electronic procurement
The Punjab IT Board (PITB) and the World Bank (WB) will devise the first eProcurement System for the provincial and central governments of Pakistan that will likely to save up-to 25 percent government budget.
It was decided in a meeting held at Arfa Software Technology Park on Tuesday.
The meeting was also attended among others by Chairman Punjab IT Board Dr Umar Saif, World Bank Consultant Mr. Paul Ronald Schapper and Senior Procurement Specialist of the World Bank Ms. Uzma Sadaf.
The World Bank team discussed maters regarding imple- mentation 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 that the Punjab IT Board was already working on the project in collaboration with 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 electronically.
The system will provide vendors with the online facility of registration, viewing of tender documents and bids submission."