### 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...
Here are some updates and changes happening on the GeM Portal between May 2024 and December 2024: 1. **Technical Overhaul**: The GeM portal will undergo a major technical overhaul, making it temporarily unavailable from **00:00 hrs of 27th November 2024 to 23:59 hrs of 5th December 2024**. 2. **Scheduled Maintenance**: Periodic scheduled maintenance will be conducted to improve system performance and security | National Public Procurement Portal ...](https://gem.gov.in/). 3. **Policy Updates**: Amendments in procurement policies and financial rules may be implemented | National Public Procurement Portal ...](https://gem.gov.in/). 4. **New Features**: Introduction of new features and functionalities to enhance user experience and streamline the procurement process | National Public Procurement Portal ...](https://gem.gov.in/). 5. **Notification Delays**: Users might experience receiving email and SMS notifications delays due to system updates | National Public Procurement Portal .....