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Financial News: Gov't adopts e-auctions on public procurements

Δημοσίευση 26 Ιανουαρίου 2011, 11:37 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Financial News: Gov't adopts e-auctions  on public procurements
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The Greek government is promoting electronic auctions for its public procurement programme as part of a plan to cut spending and promote transparency in public procurements.

The Greek government is promoting electronic auctions for its public procurement programme as part of a plan to cut spending and promote transparency in public procurements.

Presenting the plan, Regional Development & Competitiveness Deputy Minister Dinos Rovlias, said the "eAuction" was one of the stages of an electronic procurements system adopted by the government. The other stages of this procedure are: eNotification, eSubmission, eAward, eOrdering, eCatalogues, eInvoicing and ePayment.

Electronic auctions are implemented only when standards are fully and precisely determined. The use of electronic auctions offers the possibility of improved prices but only when bids are determined quantitively.