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Etenders.ge 07.08.2017

How Many Companies Participate in Electronic Tenders? Etenders.ge Data for Q2 2017

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How many companies participated in tenders on Etenders.ge in the second quarter of 2017? 137 procurements, 93.4% successful tenders and an average of 3.8 bidders — these figures clearly reflect the effectiveness of commercial electronic tendering.
General Indicators

In the second quarter of 2017, a total of 137 procurements were announced on Etenders.ge:

— 95 (69%) — in the form of an electronic tender
— 42 (31%) — in the form of an announcement

Results of Electronic Tenders

Of the announced electronic tenders:

— 1.5% (2 tenders) — were terminated
— 5.1% (7 tenders) — did not take place
— in 93.4% — bidder participation was recorded

Competition Indicators

In 64% of tenders, 3 or more bidders were recorded. The maximum number of bidders reached 10, while the average number of participants per tender was 3.8.

These indicators confirm that commercial electronic tendering ensures a genuinely competitive environment and enables purchasing organisations to obtain the best offer on the market.

Tender Announcement Views

On average, each tender announcement is viewed by 312 unique users — meaning that tenders announced on Etenders.ge reach a wide audience.

Additional Resources

The Etenders.ge blog features practical articles and best practices to help users plan and manage tenders effectively. Topics include:

— lot division and bundling
— defining qualification requirements
— practical ways to increase competition
— correct drafting of specifications

Conclusion

The second quarter 2017 data demonstrates stable participation activity in tenders, an adequate level of competition and widespread use of electronic tenders on the Etenders.ge platform.

Would you like to conduct commercial procurement transparently and effectively? Register on Etenders.ge and announce your first commercial tender for free!

Join the Etenders.ge Facebook group and stay informed about the latest developments in procurement. Need consultation? Contact us!

Source: own calculations

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