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What Type of DSC Required for e-Tendering

Jan 20, 2020 Verasys Technologies

Electronic Tendering (e-Tendering) is performing the traditional tendering process in an electronic form, using the internet. It includes the following steps:

(i) The Tender Process is Determined.

(ii) Request for Tender is Prepared.

(iii) Tenders are Invited.

(iv) Suppliers Respond.

(v) Evaluation and Selection

(vi) Notification and Debriefing.

(vii) Contracts Established and Managed

e-Tendering has been made possible by Class 3 Digital Signature Certificate. Digital signature for e tender assures excellent and magnified Security to file e-Tenders. A class 3 digital Signature Certificate checks the identity of an individual filing the Tender Information. Buy digital signature online for Class 3A/B for individual/organization that gives assurance of highest Level in the RCAI (Root Certifying Authority of India) order structured under the Controller of Certifying Authority.

Individual (Class 3A): These are issued to individuals or devices and enclose essentially high end security-sensitive activity that is online.

Organization (Class 3B): These are for those domains that require a strong assertion of the customer's identity. To say they are used for signing, encryption, electronic access control, e-commerce and online financial transactions.

An organization needs to get a class 3B digital signature certificate to submit bids and tender documents online. Buy digital Signature online in order to approve Individuals of an Organization as a signing Certificate not only ensures that the message is not tampered in transit but also confirms the identity of an individual filing the Tender. In order to let only the concerned person read the message, an encryption certificate encodes the information in a cipher text.

Documents required for Class 3 Individual:

(i) Contractor License Copy for Individuals.

(ii) Self-attested passport-size photograph of Applicant

(iii) Photocopy of Pan Card

(iv) Proof of Address

Documents required for Class 3 Organization Digital Signature for e Tender:

(i) Self-attested passport-size photograph of Applicant.

(ii) Photocopy of Pan Card

(iii) Proof of Address

(iii) Self-Attested Copy of VAT ( for Proprietorship concern)

(iii) Self-Attested organization deed (for Partnership Firm)

(iii) Company's Pan (for Partnership and Private Ltd. Organization)

(iii) Self-Attested Incorporation Certificate (for Pvt. Ltd. Organization)

Why Digital signature is safe for e-Tendering

Digital Signature Certificate not only validates your identity by electronic means but also provides you with a high level of safety by ensuring complete privacy of the information interchanged using a digital certificate. Certificates are used to encrypt information so that only the intended recipient can read it. Information can be digitally signed to assure that it has not been changed in transit.

Advantages of e-Tendering:

e-Tendering assists clients in accepting about the security of system. e-Tendering aids sellers from Other Countries additionally to utilize the facility. e-Tendering is a centralized system so it a helping hand for merchants to track their offers. It helps them in reports transfer, receive an instant reaction. e-Tendering is far better than the conventional system in which documents are signed and submitted by post to an organization that does not hold security, confidentiality, integrity, Non-repudiation.

Additional benefits:

Reduced costs.

Increased productivity as records are stored in an electronic manner that makes it easier to submit reusable tenders.

Reduced errors as electronic paperwork is well-organized thus easier to keep a check on errors.