Bahrain Tender Board (BTB) has successfully awarded tenders worth $6.97 billion since its launch in 2003, a senior government official revealed yesterday.
The minister, Dr Abdul Hussein Mirza, who is also chairman of the Bahrain Tender Board at the launch of the e-tendering project said that the initiative would enhance the transparency, efficiency and offer an easy access to the prospective bidders to evaluate their bids on-line.
BTB, which had won international accolades for being the most transparent body in the public sector, perhaps become the first entity in the Arab world to handle the tendering process effectively by using the maximum levels of transparency.