### 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...
In the dynamic landscape of government procurement in India, the Government e-Marketplace (GeM) has emerged as a game-changing platform. Launched in 2016 by the Ministry of Commerce and Industry, GeM is a unified portal to facilitate the procurement of goods and services by government departments, PSUs, and autonomous bodies. With over 1,64,000+ buyers and 10,000+ products , GeM ensures transparency, efficiency, and inclusivity. However, with great opportunity comes great responsibility. Sellers and service providers must strictly adhere to the GeM Portal Guidelines to remain in good standing. Non-compliance can lead to severe consequences such as suspension, blacklisting, and legal action. 1. Complete and Accurate Seller Registration # Compliance starts at the registration stage. GeM mandates that every seller or service provider must: Register with valid business credentials : This includes PAN , GSTIN , Udyam/MSME Certi...