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The "Damu" Fund conducts public auctions in electronic form

February 24, 2017 12:00 am

The "Damu" Fund and "E-SAUDA" electroniс tendering platform concluded a cooperation agreement. The parties agreed on promotion of e-Tendering tools thereby eliminating a paperwork. Thus an electronic type of tendering allowed to optimize the process of implementation of the Fund's own property, to economy a labor cost and resources for the holding auctions, as well as to increase a disclosure and transparency .

30 auctions by english and holland methods were held on electronic platform from October 2016. Tenders were conducted in real time, and both individuals and legal entities could take a participation in them.

For reference: "E-SAUDA" ( electronic tendering platform is a public information system for providing electronic and legally valid bid to implement a property for business and citizens.