Sarcophagus announced the launch of eTenderer, a revolutionary online procurement system technology yesterday (March 17).
eTenderer integrates online collaborative technologies with procurement automation, to enable purchasing teams to compile detailed tender documents and simultaneously invite tender submissions online by a specified opening date.
For the first time in the construction industry, suppliers’ tenders are then published as sealed bids into an online safe deposit box. They can only be opened by specified purchasing representatives on the pre-determined tender opening date.
The user friendly system ensures even suppliers with no knowledge of online tendering systems can respond easily.
Timo Partanen, of SDA, project manager on several Audi/VW projects said:
"The system should prevent insider dealings and fraudulent submissions, plus significantly reduce construction tender programmes in the long term, through efficient supply chain procurement."
eTenderer will be launched to a selected group of Sarcophagus clients including Audi/VW and ASDA Wal-Mart following months of development and consultations to ensure the system delivers against clients requirements.
Sarcophagus Ltd is a UK company providing established online construction collaboration technologies which have been used by blue chip clients like ASDA Wal-mart since 1998. Their solutions include the-project.co.uk a collaborative project extranet environment providing centralised sharing, management and global dissemination of project information in real time. They are the first profitable company in this sector in the UK.
Graham Howarth chief executive officer of Sarcophagus said:
"eTenderer will reduce tender periods to days rather than weeks, providing significant improvements to current construction working practices. It will revolutionise construction procurement and is likely to pave the way toward a change in contractual legislation, saving project time, risk and costs."