Wednesday, August 10, 2016

IREPS E-Payment: Manual Payment will be Discontinued Very Soon for Supply Tenders

It is brought to the notice of all bidders that manual/ offline mode of payment through Demand Draft, Banker's cheque, Deposit receipts, Guarantee Bonds etc. shall not be available to Indian firms against supply tenders published on or after 01.09.2016. These bidders will have to make the payment towards tender document cost and earnest money against such tenders through online payment modes like net banking, debit/ credit cards etc. available on IREPS portal. Bidders are advised to start using the online payment modes and familiarize themselves with these payment methods well in advance to avoid any inconvenience.
Manual/ offline payment mode shall, however, continue to be available to foreign firms for global tenders. Manual payments are also likely to be discontinued against works tenders shortly, for which the date would be announced separately.

IREPS: Indian Railways e-Procurement System

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