Mission and main objective: creating favorable conditions for fair competitive bidding.
E-AUCTION - electronic submission of applications for obtaining subsoil use rights for hydrocarbons, their processing
In 2020, a system of electronic auctions was launched to provide the subsoil use right for hydrocarbon deposits in electronic form, that is, online. In the context of the threat of the spread of the COVID-19 pandemic and a number of restrictions on the conduct of events, this innovation is very relevant.

Applied information services with a high level of format-logical control are integrated with government databases and payment systems.
Multi-format services: G2B (Government to business), B2G (business to Government).
The project is unique, as it is a way to reduce user costs for documenting processes, increase the level of comfort in obtaining government support and transparency of all internal processes.
E-AUCTION is a vivid example of the fact that in Kazakhstan, due to the availability of ubiquitous access to the Internet, favorable conditions are created for conducting fair competitive bidding.

https://traderesources.gosreestr.kz/en/traderesources/res-subsoil/res-hydrocarbon/info

• Kazakhstan

Services can be scaled up by being applied of other countries’ subjects or replication of experience implementation with the advisory support by the team members and partners.

The high degree of sustainability of the project is determined by the following factors:
1.Proactive government policy on digitalization of industries

2. INTEGRATION with 20+ systems and databases (Ministries of Justice, Finance, Internal Affairs, National Bank, second-tier banks, etc.).

3. EFFECTIVE WORKED TEAM of architects, analysts and developers with experience in creating and developing more than 4 digital platforms for the ministries of finance and agriculture, the National Bank.

Since September 2020, electronic auctions have begun in Kazakhstan, within the framework of which the subsoil use right for hydrocarbons is granted using electronic trading methods. The use of the trading system provides participants with access to information and guarantees all trading participants equal opportunities and rights to participate in them. The automated bidding process ensures the confidentiality of participants in the bidding process, which excludes any possibility of lobbying the interests of third parties. Accessibility, security, competitiveness, openness, publicity and fairness of the trades are the result of the transfer of the process to electronic form. The advantage of conducting electronic trading is the general availability of trading regardless of the geographical location of the participant and the seller. The trading system provides participants with physical access to the functionality by connecting via the Internet. The absence of the need to transfer applications and documents directly into the hands of the organizer (operator) of the auction, eliminates additional costs for organizing transportation costs or attracting courier services.