Efficient System for Single/Multi Lot Auctions with Auto Extension and Qualified Bidder Elimination

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This advanced system offers configurable parameters for Single or Multi Lot Auctions with auto extension options, templates, bid ranking, auto generation of comparison statements, SMS/email notifications, and robust features for auction participants. Major users include various government departments, with impressive statistics showcasing widespread adoption and successful auctions.


Uploaded on Jul 29, 2024 | 0 Views


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  1. Features of the System Single/Multi Lot Auctions Auto Extension which is configurable as a parameter Elapse time in minutes which is again configurable Templates available in case of Multi Lot Auctions It is a two part system with the first part dealing with elimination of bidders who are not technically qualified. The second part deals with the live auction of only qualified bidders.

  2. Features of the System ---Contd. Auto generation of comparison statement by the system with bid ranking like H1, H2 . Auto SMS and E-Mail facility for the stake holders at different stages of the Auction process. Facility to see the Auction History at the end of the E- Auction. Facility to float corrigendum as per the stage of the Auction.

  3. Major users in the State All the District Magistrate offices in the State Public Works Department Public Health Engineering Department Asansol Durgapur Development Authority Digha Sankarpur Development Authority Haldia Development Authority West Bengal Housing Infrastructure Development Corporation New Town Kolkata Development Authority

  4. Some Statistics 61 offices are at present using the system. 1490 Single lot Auctions have been published in the State and work orders issued. 993 Multi Lot Auctions have been published till date and work orders issued. 425 is the highest number of bids received against a single auction.

  5. Some Statistics ----Contd. Auction No of Auctions No of Bids 3051 Organisation/Office Type District Magistrate Burdwan- West Bengal SingleLot | District Magistrate Bankura West Bengal SingleLot 690 303 1797 District Magistrate Jalpaiguri- West Bengal SingleLot 249 982 District Magistrate Murshidabad- West Bengal SingleLot 198 1057 District Magistrate Paschim Medinipur West Bengal MultiLot 34 1283 West Bengal Housing Infrastructure Development Corporation Ltd SingleLot 35 3826

  6. Some more Statistics Starting Auction Value Organisation Chain Price Asansol Durgapur Development Authority 20000000 37000000 Asansol Durgapur Development Authoraity 6900000 39600000 Asansol Durgapur Development Authority 2500000 7500000 District Magistrate Alipurduar- West Bengal 221000 3410000 District Magistrate Alipurduar- West Bengal 492310 3050310 District Magistrate Alipurduar- West Bengal 195950 4050950

  7. Benefits Realized Due to the wide publicity and transparency in the E- Auction system the bidder participation has considerably increased. Due to the increase in bidder participation the Govt. could get more competitive rates in the auctions. Court cases have almost become NIL. Due to the Live Auction facility available in the portal the department can monitor the progress of the auction. As the services of NIC is free of cost there has been a considerable saving for the Govt. exchequer.

  8. Road Ahead To make it mandatory for all the departments, autonomous bodies and undertakings to use the NIC E-Auction system. As Multi Lot Auction feature has been added in the portal, the Forest Department also can start using the portal for their timber auctions. To integrate the online payment Gateway for receipt of the auction and EMD fees.

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