Nanotechnology Corporation Slashes Costs for Services with First E-purchases

In its first electronic tender through the B2B-RUSNANO electronic trade system, Russian Corporation of Nanotechnologies cut costs for contracted services by more than half. The tender was for valuation of assets in order to realize one of the corporation's investment projects.

Nine Russian and foreign companies took part in the procedure, including Ernst & Young–otsenka, BDO Unikon, Rossijskaya Otsenka, and ROSECO. FBK won the first open purchasing procedure with the best proposal for price and content.

“The competition that emerged during the first round of bidding through the B2B-RUSNANO electronic trade system has already made it possible for the corporation to raise the quality of contracted services and determine their fair market price. , Electronic bidding gives us the opportunity to chose suppliers on important criteria—quality, terms of delivery, and price. We currently have several purchasing procedures underway for legal services, expert reviews, and marketing studies,” noted Alexei Romanov, head of the RUSNANO Directorate for Organization of Purchasing Activity.