### 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...
What is L1 Comparison in GeM? L1 Comparison on the GeM (Government e-Marketplace) portal refers to the process of identifying the Lowest One (L1) price among products or services that meet the same specifications and requirements. This ensures that the government procures goods and services at the most competitive prices. How to Make L1 Comparison in GeM Below 10 Lakh For purchases below INR 10 lakh, the process involves a few key steps: Login to GeM Portal : Go to gem.gov.in and log in with your credentials. Select Product Category : Choose the product or service category you are interested in. Search for Products : Enter the product specifications and search for available options. Add to Comparison : Select at least three products from different OEMs (Original Equipment Manufacturers) or service providers that meet the required specifications. Click on the “Compare” button to add these products to the comparison list. Evaluate Products : Compare the products based on price, quality...