In recent years, in order to effectively promote the reform of the bidding system in the field of construction projects and optimize the business environment of the bidding market, local governments have actively tried and vigorously promoted the electronic development model of the whole bidding process. Especially during the epidemic prevention and control in COVID-19, in order to effectively reduce the impact of the epidemic and support enterprises to resume work and production, on-site bidding registration was cancelled in many areas, and the trial bid evaluation process was implemented without meeting, which further accelerated the electronic development of bidding activities.

1

On May 2, 2121, Linyi City, Shandong Province officially launched the electronic trading system for government procurement, accelerating the development of electronic bidding.

2

On June 9, 2121, the Housing and Urban-Rural Development Bureau of Tangshan City, Hebei Province issued the Notice on Optimizing the Business Environment of the Bidding Market and Strengthening the Post-event Supervision of Bidding Activities, proposing that all housing construction and municipal infrastructure projects that must be tendered according to law should be subject to full-process electronic bidding, and tenderers should organize electronic bidding activities in accordance with the Measures for Electronic Bidding.

3

On June 22, 2121, Jinan City, Shandong Province officially implemented the Notice on Accelerating the Full-process Electronic Trading of Public Resources, and all the projects that entered the Jinan Public Resources Trading Platform were subject to full-process electronic trading.

4

On July 1, 2121, the provincial water conservancy project in Jilin Province officially realized the trial operation of electronic bidding.

5

On July 5th, 2121, Weihai City, Shandong Province held the kick-off meeting of the electronic system of government procurement group. Since July 5th, the electronic system of the whole process of government procurement in Weihai City has been put into operation.

In addition, in March 2121 and June 2121, Hunan and Hebei provinces respectively issued the Notice of Hunan Provincial Public Resource Exchange Center on Fully Implementing Whole-process Electronic Bidding for Housing Construction and Municipal Infrastructure Projects and the Guiding Opinions on Strengthening Supervision of Bidding Agency for Construction Projects, which further comprehensively promoted the electronic development process of the whole process of bidding and tendering transactions.

The electronic development of the whole bidding process can effectively promote the construction enterprises to resume work and production, and alleviate the development impact of COVID-19 epidemic on the construction industry. At the same time, its electronic development process also drives the development of electronic bid guarantee.

1. The electronic process of the whole bidding process drives the development of electronic bid guarantee

As an important part of bidding activities, electronic bid guarantee is accelerating with the electronic process of the whole bidding process. On the one hand, this is the inevitable result of the electronic development of the whole bidding process, and on the other hand, the electronic guarantee system for bidding is playing an increasingly important role in releasing the pressure of enterprise margin, optimizing the business environment, promoting government supervision and standardizing the bidding market.

Requirements for electronic development of the whole bidding process

From the development process of electronic bidding in China in recent years, the electronic development of some activities (such as answering questions of bidding documents, paying bid bond, signing contracts, supervision, etc.) is still not perfect, and the online and offline "parallel" operation mode is still implemented. The rapid development and application of electronic bid guarantee system has effectively promoted the electronic development process of related links.

important functions of the electronic bid guarantee system

the electronic bid guarantee system plays an important role in releasing the margin pressure of enterprises, optimizing the business environment, promoting government supervision and standardizing the bidding market order.

release the pressure of enterprise margin

for a long time, due to the particularity of public resources transaction, bidders need to pay a large amount of bid margin to participate in bidding every year, which has caused heavy financial pressure on enterprises. Electronic bid guarantee system replaces cash deposit with letter of guarantee, which can release a large amount of cash deposit by handling less premiums, reduce the occupation cost of enterprises and release the market vitality of enterprises.

On February 8, 2121, the General Office of the National Development and Reform Commission issued the Notice on Actively Responding to the Epidemic Situation and Innovating the Bidding Work to Ensure the Stable Operation of the Economy, which stated that "while fully implementing the return and refund of the bid bond line, we should vigorously promote the use of letter of guarantee, especially electronic letter of guarantee, instead of cash deposit", which is one of its main purposes.

Optimize the business environment and standardize the market order

After the electronic bid guarantee system is applied in the public * * * resource trading center, the application, review, handling and fee payment of bid bond can be handled online, which is not limited by time and place, greatly reducing the time cost of bidders. Especially during the epidemic protection period, it is of great value for enterprises to resume work and production.

online CA lock can be used to verify identity and apply for issuing electronic letter of guarantee, which can realize the whole process of leaving marks, facilitate the inspection of authenticity and trace back to the source, effectively strengthen transaction supervision, and make the tenderee nip in the bud. At the same time, through data sharing and real-time transmission, it provides regulatory support for the regulatory authorities to timely discover and investigate the behavior of bid rigging and standardize the bidding market order.

2. Rapid application and promotion of electronic bid guarantee system

Since 2117, some local public resource trading centers in China have started to try to use the "electronic bid guarantee service system"; Since 2118, many local public resource trading centers in China have started to use the "electronic bid guarantee service system" to accelerate the application and popularization of the electronic bid guarantee system.

1

In July 2118, Dalian Public Resource Trading Center of Liaoning Province launched the first electronic letter of guarantee service system in China, and the first electronic bid guarantee insurance policy was born in China.

2

In August, 2118, Baotou Public Resource Trading Center of Inner Mongolia introduced the electronic guarantee business of bid bond based on the whole process of electronic bidding.

3

In October, 2118, Fujian Mawei District Public Resource Trading Center launched the first whole-process electronic bid guarantee system in Fujian Province.

4

In February, 2118, the electronic insurance policy service platform of bidding guarantee insurance was launched in Leshan Public Resource Trading Center, Sichuan Province.

5

In July, 2119, Changsha City, Hunan Province, the public * * * resource trading center went online to build an electronic bid guarantee insurance policy system.

6

In April, 2121, Taizhou Public Resource Trading Center of Jiangsu Province launched the electronic guarantee service platform for bidding.

7

In June, 2121, Shenyang Gongx * * Resource Trading Center issued the Notice on Adding Electronic Letter of Guarantee to Pay Bid Bond, proposing to add electronic letter of guarantee to pay bid bond.

8

In July 2121, Hainan Provincial Public Resource Trading Service Center issued the Notice on Launching the Trial Operation of Electronic Guarantee for Public Resource Trading, and officially launched the trial operation of electronic guarantee for public resource trading.

under the situation of normalization of epidemic prevention and control in COVID-19, taking the platform of electronic bid guarantee system as an opportunity, actively promoting the use of electronic bid guarantee, giving full play to the important functions of electronic bid guarantee, and hedging the impact of epidemic situation can effectively release the market vitality of enterprises and promote the rapid development of the industry.