Uploaded on Dec 31, 2024
The bidding process on GeM involves sellers submitting quotes for tenders posted by government buyers. Sellers can view tender details and submit bids online. The process includes both a technical evaluation and a financial evaluation to ensure fairness and transparency.
How Does the Bidding Process Work on GeM
How Does the Bidding Process Work on GeM?
www.gem.gov.in
The bidding process on GeM involves sellers
submitting quotes for tenders posted by
government buyers. Sellers can view tender
details and submit bids online. The process
includes both a technical evaluation and a
financial evaluation to ensure fairness and
transparency.
www.gem.gov.in
The platform offers options for direct purchase as
well as competitive bidding. In a competitive bidding
process, multiple vendors compete, and the best
bidder, based on both technical and financial factors,
is awarded the contract. This method not only
promotes fair competition but also assists
government buyers in obtaining high-quality products
and services at competitive prices.
www.gem.gov.in
www.gem.gov.in
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