Uploaded on Mar 28, 2025
This caution money amount can be forfeited in part or in full (as per approval of CEO (GeM)) in following circumstances:
For Which Deviations Would Caution Money Get Deducted
For Which Deviations Would Caution
Money Get Deducted?
www.gem.gov.in
This caution money amount can be forfeited in
part or in full (as per approval of CEO (GeM)) in
following circumstances:
www.gem.gov.in
a) Seller rejects or does not accept any Direct
Purchase / L-1 Purchase order within defined
timelines leading to auto cancellation of order.
www.gem.gov.in
b) Failure of the seller in executing any GeM
contract or if the Seller fails or neglects to observe
or perform any of his obligations under the
contract (applicable only in respect of contracts
that did not have provision of Performance
Security / PBG).
www.gem.gov.in
c) Withdraws any bid submitted on GeM within
the period of validity of the bid.
d) Fails to furnish requisite performance security
/ PBG as per GeM e-bid / RA conditions.
www.gem.gov.in
Get More Information
Name - Government e Marketplace
Gmail - [email protected]
Toll Free Numbers-1800-419-3436 / 1800-102-3436
Address-2nd Floor, Jeevan Tara Building, 5-Sansad
Marg, Near Patel Chowk, New Delhi-110001
www.gem.gov.in
www.gem.gov.in
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