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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