(Effective: December 2025 – December 2026) A comprehensive updated guideline for Government & PSU Tendering (GeM + e-Procurement + Manual Tenders) 1. General Principles of Public Procurement Transparency – All tender-related information must be publicly accessible. Fair Competition – Equal opportunity to all eligible bidders. Value for Money (VfM) – Selection must be based on the best combination of cost + quality. Accountability – Every procurement step must be documented. 2. Tender Types in 2025 Open Tender (Most preferred) Limited Tender (Restricted to shortlisted vendors) Single Tender / Nomination Basis (Only with strong justification) Two-Bid / Two-Stage Tender Reverse Auction (RA) – Mandatory on GeM for certain categories BOQ-Based Bidding – For works, services & custom items 3. Eligibility Rules (Updated 2025) PAN, GST, UDYAM / MSME certificate mandatory for participation. MSME Benefits applicable only if: ...
The Government e-Marketplace (GeM) has made a significant move by slashing transaction charges imposed on sellers and service providers involved in public procurement. This reduction aims to encourage more businesses to participate in government tenders, making the procurement process more accessible and cost-effective. #Key Points: 1. **Lower Transaction Costs**: The decrease in charges will reduce the financial burden on sellers, promoting a more competitive marketplace. 2. **Encouraging Participation**: By lowering costs, GeM aims to attract more small and medium enterprises (SMEs) and service providers, increasing the diversity of offerings available to government buyers. 3. **Boosting Efficiency**: Lower transaction fees can streamline the procurement process, encouraging quicker transactions and improving overall efficiency. 4. **Enhanced Transparency**: With reduced fees, the focus shifts more toward value and service quality rather than costs, fostering a transparent procu...