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|
Read GeM GTC for more details.
Let's see products wise GeM Bids.
|Product Type||Bid/RA Type|
|Normal Category||Single Item||Bunch Bid||Evaluation Type|
|BOQ Based||Item Wise|
|Custom Item||Total Value Wise|
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