KATHMANDU, Nov 4: The government has resumed the electronic government procurement (e-GP) system after making improvements to address security risks.
The Public Procurement Monitoring Office, under the Office of the Prime Minister and Council of Ministers, brought the system back into operation on Tuesday.
Revised interest rate corridor system introduced
The Software Development and Operation Centre under the Prime Minister's Office had suspended the e-GP system on August 27, citing security risks.
Under existing legal provisions, all public agencies are required to publish national and international tenders for construction works and the procurement of goods through the system.
Under the revised arrangement, bidders and suppliers can submit their proposals either online or in hard copy. However, the opening and evaluation of bids must be carried out exclusively through the electronic system.
