MERX chosen for its extensive technology, operational and change management expertise servicing the public sector and the vendors they do business with
OTTAWA, June 16, 2015 /CNW/ - MERX Networks Inc. ("MERX"), a subsidiary of Mediagrif Interactive Technologies Inc. (TSX: MDF), today announced it has been awarded a contract to implement MERX as the Electronic Tendering System ("ETS") solution to the City of Ottawa. MERX will fulfill the City's two year e-procurement pilot project to automate the bid solicitation process for request for quotations valued up to $100,000. Through a competitive review process MERX demonstrated the capacity to realize the City's current and future plans for e-procurement.
The City's vision for e-procurement includes a cloud based ETS solution that manages requests for tenders, requests for proposals and requests for standing offers, price quotes, proposal evaluations, workflow, approvals, electronic bonding, standing offer management, vendor rotation, vendor performance management and procure-to-pay.
"We are proud to partner with the City of Ottawa," said Jean-Michel Stam, President of MERX. "Ottawa joins a growing number of municipalities and public sector buying organizations across Canada using MERX as a critical component of their e-procurement and strategic sourcing framework."
The City will use MERX in the e-procurement pilot project to drive operational improvements in the Supply Branch and increase awareness of supply opportunities in the vendor community by providing a convenient, affordable, fair and open means of submitting bids.
As a strategic sourcing platform anchored by electronic tendering, MERX is synonymous with open, fair and transparent and; as such, has become the preferred destination for vendors looking to do business with the public sector in Canada. MERX uses a stable and proven SaaS hosting model that ensures security, scalability and performance.
"The synergies between our long term plans, the MERX service offering, and their track record helping vendors find and pursue opportunities is compelling," said Jeff Byrne, Chief Procurement Officer, City of Ottawa. "Furthermore, their technical, operational and change management expertise in the management of public tendering for municipalities of all sizes significantly ensures project success."
About The City of Ottawa
The City of Ottawa is the fourth largest city in Canada with a population of approximately 920,000. The City purchases approximately $1.2 billion of goods, services and construction and issues more than 4,000 contracts annually. The pilot project is focused on procurements valued at less than $100,000 representing 10% of the annual expenditure and 65% of the total contracts issued. Based on the success of the pilot project, it is anticipated that the scope of the project will be expanded to include all contracts. www.Ottawa.ca
MERX, a subsidiary of Mediagrif Interactive Technologies Inc. (TSX: MDF), is a leading provider of electronic tendering services in Canada. MERX helps thousands of private and public organizations reduce strategic sourcing costs while improving efficiencies and accountability to stakeholders. For more than 17 years, MERX has helped suppliers find business opportunities within the private and public sector including all levels of government in Canada and the U.S. With hundreds of billions of dollars in goods and services tendered through a global network of over 200,000 suppliers, MERX enables any organization to strategically optimize procurement with a 360 degree perspective of needs, supply and supplier performance.
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For further information: Media Contact: Paul Bodnoff, MERX Networks Inc., 613-727-4886, [email protected]