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Why e-Auction System?

• Manual system
• A lot of paper work
• Increased possibility of errors
• Less transparent process

• Intervention of mussel power to interrupt the auction and


manipulating the result in favor of them

• Getting less money than the estimated value


• Sometimes less that 50% of estimate value
• Very often it causes re-auction
• Repeating re-auction decrease the product value

• Bidders lacking of trust on evaluation process


• It will create another dimension for implementing the vision of Digital
Bangladesh
Achievements of e-Auction System
• Less possibility of re-auction
• Better pricing experience than previous
• A very few manual intervention and no possibility of
mistakes in working process
• No interaction among bidder to bidder and bidder to
company
• No opportunity to create any vandalism on auction
opening date
• Securely bidder data storage with different level of
encryption
• Higher bidder satisfaction and trust
• Flexible online payment automation with multiple
payment method
• Overall better auction management in a reluctant way
without any hazard
Current Statistics of e-Auction System

Creation Date August, 2016


First Auction 18th August, 2016
Total Auction 19
Completed Auction 12
In process Auction 7
Approximate Auction Estimated ~ 9 Cr. BDT
Value

Approximate Earning Value ~16 Cr. BDT


Highest Winning Price against Estimated Value : 75 Lac BDT
Estimated Value Winning Price: > 200%
Technology Used to Develop the System

ASP.NET MVC 5
C#
WCF (Windows Communication Framework)
RDLC Reporting
Oracle 11g
Jquery. Javascript
Responsive Fluid Technology (Bootstrap 3)
CSS 3
HTML 5
XML
Stakeholders of e-auction System

Super Admin

Bidders E-Auction Office Admin

Finance
Bank
Department
Authentication Process

Bidder Super Admin Office Admin

Finance
Bank Login Department

Super
Bidder’s Admin’s Finance’s Bank’s
Admin’s
Dashboard Dashboard Dashboard Dashboard
Dashboard
& & & &
&
Workspace Workspace Workspace Workspace
Workspace
Payment Process
Three Types of Payment

1. Application Fee
2. Security Money
3. Quoted Price Except
Security Money

E-Auction
System

Bidders

Multiple Payment Option


1. Cash Bank
2. Pay-order
Payment can be given in single or multiple
3. Check
steps against single token
E-Auction Workflow Steps from Bidder End

Auction listing & detail

Sign Up
No Yes
If signed in?

Sign In Apply

Get application fee token &


Yes deposit
If Authorized?
Get access of schedule
No
Get security fee & deposit
Wait for open & Evaluate
Choose bank to get released
Get evaluation Result Upload necessary documents
money

Quote & change price until last


If Successful?
submission date
Yes
No Accept NOA/ Work Order
Accept security money
Collect goods with the basis of Work
Order
Additional Features
• Versioning
• Audit trail
• Easy migration with any organization
• Duplicating/Copying existing Auction
• Multiple & multi step payment method
• External data import (for schedule)
• Auction locking & unlocking
• Exporting in pdf, excel, word
• Publishing Hash code incase of cross checking bidder’s given
value
Thank You
Questions & Answers

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