Types of Bid/RA on GeM
There are basically 3 types of bid on GeM.
Bid | RA (Reverse Auction) | Bid to RA |
---|---|---|
Bid that will not become RA after technical evaluation | Initial RA | Bid that will convert into RA after technical evaluation |
Price entered at the time of participation | Price entered after technical qualification | Price entered at the time of participation but RA starts at L1 rate |
All technically qualified sellers are eligible for financial evaluation | Only technically qualified sellers are eligible for financial offerings | Only qualified sellers (as per RA qualification rule) are allowed to participate in RA |
GEM/2023/B/XXXXXX | GEM/2023/RA/XXXXX | GEM/2023/R/XXXXX |
Read GeM GTC for more details.
Let's see products wise GeM Bids.
Product Type | Bid/RA Type | Evaluation Method | |
---|---|---|---|
Normal Category | Single Item | Bunch Bid | Group Wise |
BOQ Based | Item Wise | ||
Custom Item | Total Value Wise |
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How to identify the bid type?
You can identify the bid type through the following method:
- If a bid number is like GEM/2023/RA/XXXXX : These types of bids are RA (Reverse Auction) from the initial stage. You can participate in this bid as a normal bid, but you can only offer your rate if you are technically qualified.
- If a bid number is like GEM/2023/B/XXXXX : You can download the bid document and look for the Bid to RA option (on page 1-2). If the option is Yes. That means the bid will convert to RA after the technical stage.
- If a bid number is like GEM/2023/R/XXXX : That means, this RA is created from a Bid