Malaysia's eBidding module wins eIndia award

KUALA LUMPUR: The Malaysian government's electronic procurement system, ePerolehan, has bagged the eINDIA award for the government-to-business (G2B) initiative of 2009 for its innovative eBidding module.


The eBidding module has helped reduce government expenditure with savings of between 20 per cent and up to 40 per cent of the actual allocated budget, said the system developer, Commerce Dot Com Sdn Bhd in a statement here Friday.

The module was first introduced in 2006 to help realise the Finance Ministry's vision towards providing innovation and efficiency in public sector procurements. eBidding adopted the concept of reverse auction, where shortlisted government suppliers compete with each other, by offering their lowest prices in a real-time and online bidding platform in order to secure a government contract.

For suppliers, the advantage of using the eBidding module comes from a faster procurement cycle which also leads to faster payments. - Bernama