eTenderer, the online procurement solution from Sarcophagus Ltd., has been updated to be the first product of its type to comply with the RICS e-tendering guidelines

Version 2.0 was launched to a discreet audience of selected clients and then publicly launched at the ITCF (IT Construction Forum) event in May.

eTenderer allows each stage of the tendering process, from pre-qualification to tender award to be automated and secure. The solution is offered as a stand alone service or as part of the company's online construction collaboration system the-project.co.uk.

Established clients such as design professionals, contractors and end users have commissioned eTenderer to consolidate the tendering timeframe and reduce tender sums and costs. This together with improved management control, banking level security and audit trails provides a solution which ensures fair practice and minimises administrative burden.

This new version has been carefully designed and rigorously tested, following consultations with the RICS, and existing blue chip clients.  David Olivant, Procurement Manager, ASDA Wal-Mart stated: "E-tenderer.com supplied by Sarcophagus Ltd. is easy to use, secure, reliable and efficient. In terms of costs, it pays for itself with average savings of 20% on tender returns"

The functionality mirrors the secure steps involved in the traditional closed tender process, which is ideally suited to tendering on complex construction projects.