What is 'minimum floor price' in services bids Where it can be defined
                     What is 'minimum floor 
price' in services bids? 
Where it can be defined?
www.gem.go
v.in
Minimum Floor Price" is the 
price below which bidders 
will not be allowed to quote. 
However, Bid can also be 
created without Minimum 
Floor Price
www.gem.go
v.in
Buyer may prescribe 
Minimum floor Price with 
the approval of the 
Competent Authority of 
Buyer Organization.
www.gem.go
v.in
Buyer can define Minimum 
floor price for a service while 
creating a bid document. This 
feature is available for State 
govt. and CPSE Buyers only.
www.gem.go
v.in
However, for commission 
based services, this feature is 
available for all the buyers.
www.gem.go
v.in
Get More 
Name - Government e 
InGfmoailMr -a mhrekleptdapelastcke-ion 
[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
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ov.in
Thank 
You
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v.in