A clever system called the Procurement Management Information System (PMIS)gathers, stores, and synthesizes procurement-related data from all around the nation. It is a central, integrated, online data management system for procurement-related tasks. To track, document, and verify the procurement history and current capabilities of the contractual parties, i.e. contractors, suppliers, and consultants, PMIS uses a centrally updated data repository. PMIS acts as a vital source for the transformation of real information during the bidding process, bid review, and contract execution, and as a link between bidders and the purchasing authority.
yogeshverma
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