25 October 2007 | Andy Allen
A new electronic tendering service aims to streamline the way construction services are procured.
The Royal Institute of Chartered Surveyors (RICS) says its eTendering service will reduce costs for buyers and suppliers and cut paperwork.
Stephen Timms, minister for competitiveness, attended the launch of the service. "Procurement in construction needs to be more efficient and lean," he said.
He said he hoped eTendering would help make the bidding process more efficient. He said Constructionline, the government-endorsed construction tender prequalification system, and Supply2.gov.uk, the small firms website for public contracts, were doing the same for government procurement.
There is no subscription fee for the RICS eTendering service but buyers pay £500 to register each tender while contractors and suppliers can use the service for free.
RICS said the service would be applicable to competitive tenders, negotiated tenders and framework contracts and would provide a secure service while maintaining an audit trail of all communication.
The system has already been used by property developer CB Richard Ellis in the tendering for the refurbishment of the RICS headquarters building.