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e-Procurement @ IOCL GEPNIC by NIC e-Procurement @ IOCL GEPNIC by NIC

e-Procurement @ IOCL GEPNIC by NIC - PowerPoint Presentation

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Uploaded On 2023-06-22

e-Procurement @ IOCL GEPNIC by NIC - PPT Presentation

Objectives amp Our Journey Critical success factors Successful portal adoption Functional benefits Performance benefits Green benefits Awards and Recognition Table of Contents Robust Mechanism ID: 1001403

emd amp bid portal amp emd portal bid tendering procurement tender nic single locations received bids success payment bidsrejected

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1. e-Procurement @ IOCLGEPNIC by NIC

2. Objectives & Our JourneyCritical success factorsSuccessful portal adoptionFunctional benefitsPerformance benefitsGreen benefitsAwards and RecognitionTable of Contents

3. Robust MechanismSecurity & CompliancePaperless ParticipationObjectivesTransparencyEqual OpportunityGlobal Participation

4. e-Tendering : Our journey2010201920112012201320142015201620172018First Tender May 2011Help-Desk SetupJune 20111090 bids received in single tenderSeamless bid opening done in couple of minutesJanuary 2018All Major Locations coveredDecember 2012Online EMDNovember 2015Reverse AuctionOctober 2017Item-wise Technical EvaluationAugust 2016NDA Based &Two-Stage TendersDecember 2018Process ManualJune 2016755 bids received in single tenderAugust 2014

5. Critical Success FactorsOperational ManualProcess ManualCollective WisdomCollaboration with NICRelease ManagementSupport InfrastructureContinuous Training

6. Successful Portal AdoptionTender’s are being processed from around 1000 locations of IOCL through NIC e-Tendering Portal.Some key indicators of successful adoption of e-Tendering portal at IOCL are as shown below:Registered BiddersTenders PublishedTendering Officials

7. Tender CreationBid SubmissionTechnical Bid OpeningFinancial Bid OpeningAward of ContractTechno-Commercial EvaluationFinancial EvaluationOnline EMD Net Banking, RTGS/NEFTAutomatic EMD RefundForfeit EMDForfeit EMD?YesNoRejected BidsRejected BidsRejected BidsOnline EMD Payment & Refund

8. Functional BenefitsIOCL e-Tendering PortalAvailability & Sharing of Tender Documents across IndianOilReport ManagementEnhanced Bidder’s confidence in online and secure bidding processCompletely Digital ProcessEnhanced Bid ParticipationBetter price discoveries Smooth EMD Payment & RefundReduction in complaints and litigation

9. Performance BenefitsIncreased Bidder Participation

10. Performance BenefitsReduction in Procurement Lead time

11. Prevented CO2 releaseGreen BenefitsPaperless ProcessTrees Saved

12. Awards and Recognitione-GOV award for e-Procurement solution, July 2013Best Performer Award in e-TenderingDept. of Expenditure (Ministry of Finance), MeitY and NIC, January 2018.

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