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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.<br><br>

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How to Navigate Bids and Tenders on GeM

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  1. HowtoNavigateBidsandTendersonGeM TheIndiangovernmentnowgetsthingsthroughtheGovernmente- Marketplace(GeM).It'sfree,quick,andsimple.TheGovernmentMarketisa fairandeasywayforgovernmentofficesandpublicsectorunits(PSUs)tobuy things.Youcanbidandofferonmanytypesofitems,whichisoneofthebest thingsaboutGeM.We'lluseclear,simplelanguagetotalkaboutthedifferent typesofGeMbidsanddeals. • DirectPurchase • WithDirectPurchase,gettingthingsonGeMissimpleandquick.Themost importantthingsaboutitarethese: • Itcanhelpyougetthingsorservicesforlessmoney. • Youcanbuythingsworthupto₹25,000. • GeMletspeoplepickoutwhattheywanttobuyonthesiteandbuyit rightaway,withouthavingtobidorcompareprices. • Goodthings: • Itsavestime. • Agreatspottobuyeverydayorquickly. • GettingL1(LeastExpensive) • InL1,youlookforthesellerwhosepriceisthelowestwhenyouwanttobuy something. • Purpose:Usedforbuyingabove₹25,000andupto₹5,00,000. • Itneedstobesoldbymorethanonepersonforittobe valid. • Howitworks: • Thecustomerlooksatseveralsellers'goodsandservicessidebyside. • Theguywhosepriceisthelowestwins(L1). • Goodthings:

  2. Makespeoplefight. • Checkstoseeifthecashisworthit. • Putinabid • Thebidmethodisforopenbuying,anditworkswellforbig,hardtobuy things. • Thisspaceisusedforsalesover₹5,000,000. • WhoCanJoin?AnyonewhoisauthorizedtosellGeMcanjoin. • Howitworks: • Everyonewhowantstobuysomethingmakesatenderandpostsit.It'sa longdocumentthatdescribesalloftheirneeds. • Peoplewhowanttosellthingsincludedetailsaboutmoneyand technologyintheirbids. • Therearealreadyrulesinplacethatsaythedealgoestothepersonwho sellsthemostthings. • Goodthings: • Aclearwaytodothings. • Itworkswellforbig,expensive things. • RA(ReverseAuction) • AGeMtoolcalled"ReverseAuction"helpspeoplegetbetterdealson thingstheywanttobuy. • Thisisusedtofinishthebuyingprocessforbigsalesafteralistofbuyers whomeettheneedshasbeenmade. • Forpeopleontheshortlist,thisisdoneafterthey'veboughtsomething. • Howitworks: • Thesellersontheshortlistracetoseewhocanmakethebestdeal whensomeonebids. • Priceschangerightawayduringthesale.

  3. Theguywhosepriceisthelowestwins. • Goodthings: • Thingscostlessbecauseofit. • Doesmoretohelppeopledowellincompetition. • Differentbids • Don'tjoinagroupifyouwanttobuysomethingorhiresomeone. Instead,getcustomquotes. • Reason:Thisisoneofakindorveryimportant. • ThingsthatarehardtofindonGeMcanbeaddedbyyou. • Howitworks: • Inthebidpaper,thebuyerspellsoutexactlywhattheywant. • Sellersmakesuretheirbidsmeettheserequirementsbeforesending them. • Asalways,peoplebidonthingstoseewhowinstheprize. • Goodthings: • Peopleneedtobeabletochoose. • Peoplewhobuythingsmakenewthingstosell. • Offerstodowork • Withaservicebid,youcanbuyskillsinsteadofthings. • It'susedtohireotherpeopletodowork,giveadvice,keephomesin goodshape,andmore. • Theletterlistssomerequirementsthatserviceprovidersmustmeetin ordertobeconsidered.

  4. Howitworks: • Thepersonwhowantstobuyaservicemakesanoffer. • Alotofservicebusinesses putin bids. • Itgetsascorebasedonhowwellitworksandhowmuchmoneyit makes. • Goodthings: • Thispersonmakessurepeoplearetakencareofwell. • Itwasmadetofitthebuyer'sneeds. • Bidsbasedona "BillofQuantities" • YoucanbuythingsthatneedtobepricedbytheitemwithBOQ-Based Bids. • Use:Itcanbeusedtobuythingsforhomes,buildings,andprojects. • Ifsomeonewantstosellsomething,theyneedtowritedownall the prices. • Howitworks: • TheysendaBOQformthatsayswhattheyneedandhowmanyofeach itemtheywant. • Whenpeoplebid,theywritedownhowmucheachthingcosts. • Thedealthatgetsthemostbidswins. • Goodthings: • It'ssimpletounderstandhowmuchsomethingcosts. Conclusion GeMPortalhasdifferenttypesofand thatyoucanusetobuya bids tenders lotofdifferentthings,fromsmalltaskseverydaytobigspecialprojects.When folksknowaboutthesedeals,theycanbuythingswithpeaceofmindandbea partofthewholeprocess.Thesite'seasy-to-understandprocessmakessure thatIndia'spurchasesarefairandsavethecountrythemostmoney.Ifyouuse therightbid,it'seasiertobuyorsellthingsonGeMPortal.Yes,whetheryou workforthegovernmentorareasellerwithacompany.

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