The Evolution of Tender Processing in India: Tender Portal's Role
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Tender processing is crucial for the fair and transparent allocation of government contracts. It involves a competitive bidding and structured process where suppliers and contractors from various sectors are requested to submit proposals for work, services, or goods. In essence, the tender process is the most authentic way to encourage participation from enterprises of all sizes, as it minimizes the risk of corruption or favoritism by tender authorities. Are you curious about the origins of tender processing? In this blog post, let us explore the fascinating journey of tender processing in India and the significant advancements that have shaped the modern procurement system. Evolution of Tender Processing in India The Evolution of Tender Processing in India Tender processing in India began during the British colonial period. At that time, procurement practices were introduced mainly to manage public and infrastructure projects. In the 1800s, this led to the construction of roads, railw...