Atuabo Freeport Ghana Ltd Achieves Transparency

Mar 16, 2015 by Dani Stoehr

Seattle, WA (PRWEB) March 16, 2015

In an effort to provide greater transparency to its procurement processes, Atuabo Freeport Ghana Ltd implemented eBid eXchange to manage the tendering of opportunities that Atuabo Free Port will have on the development and operation of the port in Ghana. The $600 million project is expected to be complete in 2017 and is anticipated to involve hundreds of RFx events to procure all types of services, equipment, and materials. Atuabo Freeport Ghana Ltd proactively deployed eBid eXchange to give Ghanaians and other stakeholders in the supply chain confidence that the opportunities will be awarded to companies in a fair competitive process to the most qualified companies. Additionally, local companies have increased access to bid opportunities and can bid in multiple currencies as part of their commitment to increasing local content.

Once complete, the port will provide support services to offshore oil and gas activities both in Ghana and in the West African sub-region. It is from this region where Exxon Mobil Corp and Royal Dutch Shell Plc pump 60 percent of Africa’s crude oil.

Offered as Software-as-a-Service (Saas), eBid eXchange delivers a variety of corruption fighting sourcing tools including public supplier registration, automated tender notices to qualified vendors, and sealed bidding to prevent anyone from accessing and sharing tender information with competitors until after the close of tendering. Furthermore, compliance and visibility is ensured with all sourcing activities being logged, including when and by whom solicitations were posted, notices sent and received, documents downloads, submittals, and unsealing of bids. These tools for transparency are essential sourcing requirements for a large, international infrastructure project. Furthermore, with its customized vendor self-registration, the procurement team is able to easily identify regional vendors and review necessary policy and certificates prior to approval.

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About eBid Systems

eBid Systems delivers procurement software-as-a-service that streamlines supplier management, sourcing, and contract management for large and small private and public sector organizations. Their eBid eXchange system is used daily by over 300 organizations to save time and money in the procurement process. Information on the company is available at http://www.eBidSystems.com.

About Atuabo Freeport Ghana Ltd

Atuabo Freeport Ghana Ltd is a Ghana based business that has been formed specifically for the development and operation of a dedicated Free Port for the Oil and Gas industry so that it can support not only the Ghana offshore industry but the wider West African offshore oil and gas industry. Information on the company is available at http://www.atuabofreeport.com.