Electronic Tendering (e-Tendering) is performing the traditional tendering process in an electronic form, using the internet. It includes the following steps:

1. The Tender Process is Determined.
2. Request for Tender is Prepared.
3. Tenders are Invited.
4. Suppliers Respond.
5. Evaluation and Selection
6. Notification and Debriefing.
7. Contracts Established and Managed

e-Tendering has been made possible by Class 3 Digital Signature Certificate. Digital signature for e-tender assures excellent and magnified Security to file e-Tenders. A class 3 digital Signature Certificate checks the identity of an individual filing the Tender Information. Buy digital signature online for Class 3A/B for individual/organization that gives assurance of the highest Level in the RCAI (Root Certifying Authority of India) order structured under the Controller of Certifying Authority.

Individual (Class 3A): These are issued to individuals or devices and enclose essentially a high-end security-sensitive activity that is online.

Organization (Class 3B): These are for those domains that require a strong assertion of the customer’s identity. To say they are used for signing, encryption, electronic access control, e-commerce and online financial transactions.

An organization needs to get a class 3B digital signature certificate to submit bids and tender documents online. Buy Digital Signature Certificate For eTendering online in order to approve Individuals of an Organization as a signing Certificate not only ensures that the message has not tampered in transit but also confirms the identity of an individual filing the Tender. In order to let only the concerned person read the message, an encryption certificate encodes the information in a ciphertext.

Documents required for Class 3 Individual:

1. Contractor License Copy for Individuals.
2. Self-attested passport-size photograph of Applicant
3. Photocopy of Pan Card
4. Proof of Address

Documents required for Class 3 Organization Digital Signature for e Tender:

1. Self-attested passport-size photograph of Applicant.
2. Photocopy of Pan Card
3. Proof of Address
4. Self-Attested Copy of VAT ( for Proprietorship concern)
5. Self-Attested organization deed (for Partnership Firm)
6. Company’s Pan (for Partnership and Private Ltd. Organization)
7. Self-Attested Incorporation Certificate (for Pvt. Ltd. Organization)

Why Digital signature is safe for e-Tendering

Digital Signature Certificate not only validates your identity by electronic means but also provides you with a high level of safety by ensuring complete privacy of the information interchanged using a digital certificate. Certificates are used to encrypt information so that only the intended recipient can read it. Information can be digitally signed to assure that it has not been changed in transit.

Advantages of e-Tendering:

e-Tendering assists clients in accepting about the security of system. e-Tendering aids sellers from Other Countries additionally to utilize the facility. e-Tendering is a centralized system so it a helping hand for merchants to track their offers. It helps them in reports transfer, receive an instant reaction. e-Tendering is far better than the conventional system in which documents are signed and submitted by post to an organization that does not hold security, confidentiality, integrity, Non-repudiation.

Additional benefits:

Reduced costs.

Increased productivity as records are stored in an electronic manner that makes it easier to submit reusable tenders.

Reduced errors as electronic paperwork is well-organized thus easier to keep a check on errors.

Issued only by a Certified Authority, a Digital Signature Certificate (DSC) is a digital key that authorizes the identity of businesses and individuals holding the certificate. To get the DSC, there is a necessity to submit a duly-filled digital signature form. The digital signature certificate comprises information such as the name of the user, email address, country, the date on which the certificate was issued and the name of the certifying authority’s name. The authorization of the digital key takes place to assure the security and authenticity of documents filed online.

It is being observed that data tampering and forgery have been rapidly increasing in the businesses that revolve around manual paperwork. Due to the increase in the loss of important data, it has become a necessity to secure any data shared online and this lays emphasis on the use of Digital Signatures. The ability to authenticate a file, document or software has brought Digital Signatures into the limelight.

Paperwork replaced with Digital Signatures brings in a lot of benefits such as speed up document delivery, lessens operating costs and saves time & efforts.

Let’s take a look at how does Digital Signatures Work?

1. On clicking sign, individuals create a unique digital fingerprint (known as hash) of the document through the use of the mathematical algorithm. The hash is precisely for this particular document; even the minor change made would serve a different hash as an outcome.
2. On clicking sign, individuals create a unique digital fingerprint (known as hash) of the document through the use of the mathematical algorithm. The hash is precisely for this particular document; even the minor change made would serve a different hash as an outcome.
3. On clicking sign, individuals create a unique digital fingerprint (known as hash) of the document through the use of the mathematical algorithm. The hash is precisely for this particular document; even the minor change made would serve a different hash as an outcome.

On verifying the Signature:

1. When the document is opened in a digital signature-capable program like Microsoft Office, Adobe Reader, etc., the signer’s public key (already included in the digital signature) gets automatically used by the program for decryption of the document hash.
2. For the document, a new hash is calculated through the program. If the new hash created gets matched with the decrypted hash from Step 1, it states that there is no alteration in the document and also displays the message ” No modification has been made since the signature was applied “.

The public key used in the signature is validated by the program to ensure that it belongs to the signer and displays the name of the signer.