How to Navigate Bids and Tenders on GeM

1
How to Navigate Bids and Tenders on GeM
The Indian government now gets things through the
Government e- Marketplace (GeM). It's free,
quick, and simple. The Government Market is a
fair and easy way for government offices and
public sector units (PSUs) to buy things. You can
bid and offer on many types of items, which is
one of the best things about GeM. We'll use
clear, simple language to talk about the
different types of GeM bids and deals.

• Direct Purchase
• With Direct Purchase, getting things on GeM is
  simple and quick. The most important things about
  it are these
• It can help you get things or services for less
  money.
• You can buy things worth up to ?25,000.
• GeM lets people pick out what they want to buy on
  the site and buy it right away, without having to
  bid or compare prices.
• Good things
• It saves time.
• A great spot to buy every day or quickly.
• Getting L1 (Least Expensive)
• In L1, you look for the seller whose price is the
  lowest when you want to buy something.
• Purpose Used for buying above ?25,000 and up to
  ?5, 00,000.
• It needs to be sold by more than one person for
  it to be valid.
• How it works
• The customer looks at several sellers' goods and
  services side by side.
• The guy whose price is the lowest wins (L1).
• Good things

2

• Makes people fight.
• Checks to see if the cash is worth it.
• Put in a bid
• The bid method is for open buying, and it works
  well for big, hard to buy things.
• This space is used for sales over ?5,000,000.
• Who Can Join? Anyone who is authorized to sell
  GeM can join.
• How it works
• Everyone who wants to buy something makes a
  tender and posts it. It's a long document that
  describes all of their needs.
• People who want to sell things include details
  about money and technology in their bids.
• There are already rules in place that say the
  deal goes to the person who sells the most
  things.
• Good things
• A clear way to do things.
• It works well for big, expensive things.

3

• The guy whose price is the lowest wins.
• Good things
• Things cost less because of it.
• Does more to help people do well in competition.
• Different bids
• Don't join a group if you want to buy something
  or hire someone. Instead, get custom quotes.
• Reason This is one of a kind or very important.
• Things that are hard to find on GeM can be added
  by you.
• How it works
• In the bid paper, the buyer spells out exactly
  what they want.
• Sellers make sure their bids meet these
  requirements before sending them.
• As always, people bid on things to see who wins
  the prize.

4

• How it works
• The person who wants to buy a service makes an
  offer.
• A lot of service businesses put in bids.
• It gets a score based on how well it works and
  how much money it makes.
• Good things
• This person makes sure people are taken care of
  well.
• It was made to fit the buyer's needs.
• Bids based on a "Bill of Quantities"
• You can buy things that need to be priced by the
  item with BOQ-Based Bids.
• Use It can be used to buy things for homes,
  buildings, and projects.
• If someone wants to sell something, they need to
  write down all the prices.
• How it works
• They send a BOQ form that says what they need and
  how many of each item they want.
• When people bid, they write down how much each
  thing costs.
• The deal that gets the most bids wins.
• Good things
• It's simple to understand how much something
  costs.

Conclusion
GeM Portal has different types of and
that you can use to buy a
bids
tenders
lot of different things, from small tasks every
day to big special projects. When folks know
about these deals, they can buy things with peace
of mind and be a part of the whole process. The
site's easy-to-understand process makes sure that
India's purchases are fair and save the country
the most money. If you use the right bid, it's
easier to buy or sell things on GeM Portal. Yes,
whether you work for the government or are a
seller with a company.