e-Procurement is an internet based value added application of e-commerce
facilitate, integrate, and streamline the entire procurement process, from buyer
to supplier and back.There is no substitute of Digital Certificate/ Signature in
e-commerce. This is approved by IT Act and has legal sanctity.
Transparency in the system
Reducing the opportunities for abuse of power
Bringing better competition
To overcome Geographical Limitation
To Reduce cycle time of procurement
To keep pace with the present technology
IFFCO e-Procurement System:
Vendor submit their bids on-line using digital signature.
Vendor can upload/Update/Delete uploaded files
Vendor can take printout of quotations for their reference.
Vendor can give advance intimations about despatch.
Vendor can see the history of Purchase Orders placed and can make queries on it
Opening and evaluation of bids in a secured & legal environment using.Public
Key Infrastructure (PKI), encryption & digital certificates.
Summary of technical and priced bids quoted by different vendors has been provided
on the e-Procurement website for limited access to the vendors who participated
in the bidding process for that particular enquiry.
Please note only a digitally signed document sent on internet will be considered
as valid signed document on Internet under law(I.T Act 2000). As per the Interoperability Guidelines by Controller of Certifying Authorities(CCA) for issuing Digital Signature Certificates under IT Act, that The certificates issued after 04-April-2011, two seperate certificates will be issued for Signing and Encryption/Decryption purpose. Hence it is requested to all the eligible vendors to get it confirmed whether they have these two certificates available with them before submitting their quotations. For further information
about digital Certificate you may visit Controller of Certifying Authorities of India