electronic contracting (eContracting)

E-contracting refers to the complete electronic mapping of the contracting process.

E-contracting documents the entire process from the initial preparation of the offer to the final award of the contract. It also includes all relevant documents of the contract negotiation, such as the electronic minutes of the meetings between the contracting parties. E-contracting offers a cost-effective way of documenting contracts that is accessible to all contract partners at all times.