GBCSRD Circular No. 05: E-tendering System in Banks and FIs

Website: www.bb.gov.bd Green Banking and CSR Department Bangladesh Bank Head Office Dhaka September 17, 2014 GBCSRD Circular No. 05 Date: ------------------------- Ashwin 02, 1421

Managing Director / Chief Executive Officer All Scheduled Banks and Financial Institutions Operating in Bangladesh

Dear Sir,

Introduction of E-Tendering System

Under the environmentally friendly policy guidelines issued for banks and financial institutions, instructions have been provided to take various steps for the improvement of internal environmental management. Among them, one is the reduction of paper usage.

To significantly reduce paper usage in the purchase/procurement/tendering processes of all scheduled banks and financial institutions operating in Bangladesh, increase transparency and accountability, and bring about efficiency and speed, it is mandatory to introduce an e-tendering system in all such institutions by December 2015. Simultaneously, all types of procurement activities of banks and financial institutions must be carried out under the e-tendering system. The aforementioned e-tendering system must be web-based and linked to the website of the respective bank or financial institution. In introducing the e-tendering system, banks and financial institutions may obtain technical assistance from Bangladesh Bank if necessary.

These instructions shall be implemented immediately.

Please acknowledge receipt.

Yours faithfully,

(Khandkar Morshed Milon) Deputy General Manager Phone: 9530292 Fax: 9530327 Email: dgmgbc@bb.gov.bd