- It Covers full life cycle of purchasing (indent to receipt of goods)
- Connects buyers and suppliers through electronic exchange of Tenders, catalogs, contracts, Pos, invoices etc
- Electronic Tendering is carrying out the traditional tendering process in an electronic form, using the internet.
In accordance with O.M. No. 26/12/2014-PCP Dated 21-01-2015 issued by the Procurement Policy Cell, Department of Expenditure, Ministry of Finance, the University has implemented e-Procurement in respect of all procurement with an estimated value of Rs. 2,00,000/- or more from the financial year 2016-2017 vide circular No. FO/IAUS/III/314-2/2016/497 Dt/ 31.03.2016
Further, to improve transparency, promote competition and introduce better accountability, the University vide O.M. No. IAUS-III/314-2/2016/923 Dt. 31.10.2016 has implemented e-Procurement in respect of all procurement with an estimated value of above Rs. 15,000/- Now it mandatory that all procurement above Rs. 15,000/- to be processed through 'Central Public Procurement Portal' (CPPP).