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ONLINE TRANSACTIONS SET TO CUT GOVERNMENT COSTS

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The government hopes to be issuing and receiving 'e-tenders' online for contracts by the summer, reports The Financ...
The government hopes to be issuing and receiving 'e-tenders' online for contracts by the summer, reports The Financial Times (p4).

It also plans to undertake its first e-business transaction in a new government 'electronic shopping mall' on 1 April.

The two projects for the cutting edge of the new Office of Government Commerce, which does not formally start functioning until April but will take over the work being run by the teasury's procurement group and a range of of government agencies.

Brian Rigby, OGC's deputy chief executive, said the mall is central to the government's drive to 'stop all this expensive, paper-based transactional stuff' that occupies much of the time of the 5,000 staff in 180 government departments and agencies involved in procurement.
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