Mastering the GeM Tender Bidding Process: Your Comprehensive Guide to Success

India's GeM Portal Bidding Processes India's GeM (Government e-Marketplace) portal facilitates various bidding processes to streamline government procurement. Some of the common types of bidding processes on the GeM portal: Single Bid System: In this process, only one bid is allowed from each seller for a specific product or service on the GeM Portal. The bidding is straightforward, and the seller submits the specified product or service price. Open Bid System: Multiple sellers can participate in this type of bidding. Sellers can submit their bids within the specified time-frame, and the buyer can choose from the received bids based on the evaluation criteria. Limited Tenders: This process involves inviting bids from a select group of pre-qualified sellers. Buyers identify a limited number of sellers who are eligible to participate based on certain criteria. Negotiated Tenders: are limited to invitations to a single company. The key reasons for negotiated etenders are special...