Tender Board urges SMEs to register in electronic platform Isnad

Business Monday 05/June/2023 16:42 PM
By: Times News Service
Tender Board urges SMEs to register in electronic platform Isnad

Muscat: The General Secretariat of the Tender Board urged the private sector in the Sultanate of Oman to register in the electronic platform (Isnad) for managing government tenders and procurement of the state's administrative apparatus units.

Tthis platform enhances the competitiveness and transparency in the awarding process, by issuing government tenders and procurement and monitoring the competing of the registered bidders in the platform following a systematic basis and a transparent process to ensure the right to compete for these tenders.

As support for the small and medium enterprises SMEs, which obtained the entrepreneurship card from the Small and Medium Enterprises Development Authority, these enterprises were exempted from registration fees through the Esnad website for electronic tenders till August 22.

The registration in Esnad enables the private sector companies to increase their chances of obtaining tenders and procurement in the government and private sectors, as well as to acquire technical and administrative experience in submitting bids for tenders and procurement through working with government entities and private sector companies.

Registering on this platform also provides chances for taking advantage of indirect business opportunities through companies that obtained contracts, in addition to benefiting from training and qualification opportunities in big companies.

During the registration, the category in which the institution wishes to register with Tender Board and the activities in which it would like to register are to be selected.It should also determine the degree in which the company /enterprise would like to register in Tender Board, provided that it is not higher than the degree registered in its certificate that issued by the Oman Chamber of Commerce and Industry.