Bid Participation

Once the product/service is uploaded by the seller/service provides they will be able to see the list of BID/RA and Purchase Requisitions that are available for their product/service in Portal. Based on their discretion they can participate in the relevant transaction. Please note as per GFR 149 following are the type of procurements currently available.

25,000

Direct Purchase – upto INR 25,000 Direct Purchase can be done. But, if the buyer want then they can do BID/RA also.

Upto 5 lacs

Purchase Requistion / L1 – Between INR 25,000 and INR 5 lacs buyer can opt for purchase requisition / L1 where lowest quote vendor will be selected. But, if the buyer wanted to goin for BID/RA they are allowed to do so.

Above 5 lacs

Above INR 5 lacs Buyer should go in for BID/RA only.

Important Points to be noted

  • Seller can participate in BID/RA should comply with the process defined by GeM Framework
  • All relevant documents required as per ATC (Additional Terms and Conditions) of the BID /RA should be provided
  • There will not be any direct interaction between Buyer and Seller until the contract is awarded
  • Options are available to directly create a BID or directly create a RA or convert BID to RA
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