Bid participation on GeM portal, RA Purchase Requisitions and bidding on GeM

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bid participation on GeM

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.

  • Direct Purchase - upto INR 25,000 Direct Purchase can be done. But, if the buyer want then they can do BID/RA also. 25,000
  • 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. upto 5 lacs
  • Above INR 5 lacs Buyer should go in for BID/RA only. Above 5 lacs

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