### Key Points - Research suggests the main types of tenders on the GeM portal are Standard Bids, Reverse Auctions, and Bid to RA, with additional specific types like Custom Bids and BOQ Bids. - It seems likely that these tender types cater to different procurement needs, ensuring transparency and efficiency. - The evidence leans toward variations like Service Bids and Single/Two Packet Bids, but the core processes are the main focus. #### Overview The Government e-Marketplace (GeM) portal is an online platform for public procurement in India, offering various tender types to meet diverse government needs. Below, we break down the main types and provide additional details for clarity. #### Main Types of Tenders - Standard Bids: These are regular tenders where sellers submit offers for specific requirements, and the contract goes to the lowest-priced, technically compliant bid. - Reverse Auctions (RA): Live auctions where qualified sellers compete by lowering prices in real-time t...
GeM Exclusive : Startup Runway 2.0
# GeM Exclusive
The GeM is marketplace based public procurement portal
with following the exclusive offering making it unique and superior
portal than its peers.
1. Category and catalogue based procurement portal
2. Wide varities of procurement modes, DP, L1, PBP, Bid/RA
3. Automated rule based system driven enforcement of MSE and MII provisions.
4. Unique Bid representation module where a sellers can raise representation against a bid available in public domain.
5. Unique challenge rejection window for bidders: All disqualified
bidders get right to challenge their bid rejection. Buyer cannot proceed
further without replying to the
challenge It is increasing transparency.
6. Advance analytics for the decision support system and fraud and anomaly detection.
7. Furthermore the process of procurement is faceless and transparent
in which sellers identity is not reviled till opening of L1.
8. The process of registration and product/service offering on GeM is complete online and free.
9. The GeM provides opportunity to MSEs, startup and women
entrepreneurs to get register on GeM and participate in bids and get
preferences as per procurement policies as applicable and enforceable.
# Startup Runway 2.
Startup Runway 2.0 is an opportunity for Startups to showcase their innovative products and services to Government buyers and engage in public procurement. GeM has created a dedicated marketplace category for all Startups to list their proucts and services, irrespective of their DPIIT-certification. Startups can list multiple products and services with minimal technical specifications and sell their products to Govt buyers under 13 globally recognized Startup sub-sectors, namely; Advanced Manufacturing and Robotics, Advertising [AdTech], Agriculture [AgTech and New Foods], Artificial Intelligence, Big Data and Analytics, Augmented/ Virtual Reality, Blockchain, Clean Tech/ Renewables, Consumer Home Electronics [+Wearables, Smart Devices], Cybersecurity, Education Tech [EdTech], Fintech, Health and Life Sciences and WaterTech.
The platform offers Startups all the marketplace functionalities that are available to regular sellers and the objective is to spur "MAKE IN INDIA" procurement from India Startups. Till date, 15665 Startups have registered on GeM and have processed orders worth 9512.07 Cr in Gross Merchandise Value.
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