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.gov.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.gov.in
Buyer may prescribe Minimum
floor Price with the approval of the
Competent Authority of Buyer
Organization.
www.gem.gov.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.gov.in
However, for commission based services,
this feature is available for all the
buyers.
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
Thank You
www.gem.gov.in