BAKU, Azerbaijan, October 14. Azerbaijan saved
454 million manat ($267.1 million) in state budget funds through
electronic public procurement from January through August this
year, according to a video prepared by the State Agency for
Antimonopoly and Consumer Market Control and shown at the 3rd
National Competition Forum on Wednesday, Trend’s correspondent reports from the
event.


The video stated that 5,523 electronic procurement procedures
with a total value of 2.703 billion manat ($1.59 billion) were
conducted during the reporting period. The total value increased by
10.3% compared to the same period last year.


The average number of suppliers per electronic procurement
procedure was 3.5, while new participants accounted for 21.12%.
Small and medium-sized enterprises accounted for 79% of total
procurement.







A system has also been developed to automatically analyze and
verify tender documentation for procurements announced on the
unified state procurement portal using artificial intelligence
technologies.


In addition, a system has been introduced that allows suppliers
to submit price offers entirely electronically and include
information on the brand, model, manufacturer, and country of
origin of goods in their proposals.