Government E-Contracting and CompraRed Benefits

Retention Clauses and Guarantees

Other guarantees and retention: The Administration may incorporate percentage retention clauses into the poster for the amounts paid, if this is useful for ensuring the proper execution of the contract. The maximum amount of these deductions will be 10% of the payment due.

Electronic Means in Government Contracting

Regulation on the use of electronic means in government contracting procedures:

Using electronic means: Administrative contracting procedures may be implemented by electronic means, provided that the nature of the acts is permitted and possible to establish with precision through accurate records identifying the sender, receiver, time, date, and content of the message.

Guiding Principles for Digital Procurement

Electronic media should be used to ensure transparency, fair competition, equality, free access, integrity, neutrality, security, consistency, confidentiality, and non-repudiation of actions, based on interoperable standards, allowing for data backup and recorded operations from their inception.

Information Availability and Security

Availability of information: Information must be available through the website of the respective Directors to ensure public access, with the exceptions of law. Unless unforeseen circumstances or force majeure occur, the availability of information should be ensured 24 hours a day.

Freedom of technologies and information security: The system for the Administration shall not contain requirements specific to certain technologies owned by manufacturers. Similarly, it may not permit the alteration of the documents contained in the scheme.

CompraRed Platform Features

CompraRed enables Public Sector Institutions to disseminate their demands for goods, works, and services through the Internet. Providers, in turn, can learn, participate, and follow up on the following:

• Information on bids and purchases directly with their lines, free lineup
• Electronic bidding
• Reverse auctions online and in real-time
• Information on contracts
• Vendor registration
• Register of inhibited entities
• Catalog of freight reference prices
• Purchase plans

Benefits of Electronic Purchasing

There are many advantages to buying from an electronic system, which are listed below:

• Generates more competitive purchase prices
• Convenient lead times
• Reduced inventory costs
• Reduced inventory costs
• Elimination of stages of the recruitment process
• Reliable suppliers
• Increased transparency
• Marked decrease in processing times