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Published on September 20, 2014
BB issued the directive in a circular in line with its steps towards promoting green banking and developing eco-friendly internal management of the banks and NBFIs with an aim to ensure transparency, accountability and efficiency in the financial institutions
The circular said e-tendering should be web-based and connected with the websites of the respective banks and NBFIs.
The BB introduced the e-tendering system in May 2010 to facilitate its procurement process. The e-tendering process will attract local and international bidders to take part in the bidding in a process, free from any external influences unlike the traditional paper-based tendering process.
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