E-Auction is an electronic mode for purchasing and selling of goods and for finalizing the contracts. E-Tender is also extensively used to finalize the project contracts

E-AUCTION:

• We have provisions to conduct E-Auction after opening of bids to get better prices
  
  
• The contract is finalized on the basis of highest price achieved in the E-Auction

E-Seal Bid:

E- Seal bids are normally used to get the feedback of rates prevailing in the market are subsequently used for fixing start bid price for the subsequent E-Auctions. Seal bids are open for fix time and bidders can change this bid any number of times during this period