04-10-2014, 03:33 PM
Abstracts: The use of e-bidding should only be used where the requirement can be ‘accurately specified’ by the client. E-bidding should only take place once the brief has been fully developed. Complex services have faced significant opposition from many representatives of the construction industry, primarily because of the process’s apparent focus on price rather than quality or value. E-bidding is the process of bidding through electronic medium. The major objective of construction companies is to expand business volume by successful bidding on various projects. For this reason, companies must prepare realistic bid proposals. However, the traditional bidding process is time consuming and requires a great deal of effort.