ABSTRACT
Security
requirement for e-tendering system have not been closely scrutinized in the
literature. This project identifies key
issues to be addressed in the design of secure e-tendering system. In
particular, the issues of secure timing and record keeping are raised. This project
also classifies existing e-tendering system designs by presenting common
e-tendering architecture. A new e-tendering architecture using distributed
trusted third parties is proposed which may be suitable for secure large scale
operation.
Tendering
has been seen as the fairest means of awarding government contacts and the
method most likely to secure a favorable outcome for a government in its
spending in public money. The basis principals of the tendering process have
been applied to many business areas, such as purchasing goods, seeking service
providers, business consulting, or the selection of main contractors for
construction work. The demand of the electronic environment for business
processes has generated many e-tendering systems around the world with untested
legal and security compliance.
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