Proper Handling of Time-Sensitive Contracts and Bids

Initial Situation

When it comes to calls for proposals, contract awards, job applications, university fees, or grant applications, the exact time of receipt is often the deciding factor. Government agencies, universities, and companies must ensure that submissions are received by the deadline and are evaluated fairly.

Problem

Without independent proof of the time, disputes can arise: Was an offer submitted on time? Was an application accepted retroactively? Was a participant given preferential treatment? Manual system times or email timestamps are often insufficient in critical procedures because they can be manipulated or inconsistent.

timeproof solution

Incoming applications, bids, or submissions are electronically time-stamped immediately upon receipt. As a result, the order in which they are processed and compliance with deadlines are no longer based solely on internal system times, but on an independent, objective record of time.

TSS 500 generates timestamps accurate to the second, making it suitable for individual time-sensitive submissions. eRecApp is suitable when a large number of submissions need to be efficiently and cost-effectively verified within a short period of time. RECORDPROOF can be used as a supplementary solution when the received documents need to be archived for the long term to preserve their evidential value.