CLASS 11 | Custom Bid Participation on GeM | Custom Bid Process | Custom Bid Participate |Custom Bid

Many times, the Buyers have requirements to define bids for categories which are not part of the GeM Category set. Creating a GeM Category Definition may take time due to the due diligence and process involved for defining the GeM Category. Therefore, this new functionality has been introduced for buyers for creating custom catalog based bid for items not available on GEM. Buyers can define Custom Catalogue based Bid based on their needs even when product and service category does not exist on GeM. The sellers would participate in the Bid based on the requirements defined by the Buyer. 1. Procurement of specialized products that are currently not available on GeM 2. Procurement of technical/engineered products that would require detailed specifications, drawings etc. Feature of uploading custom specifications & drawing documents has been provided 3. Procurement of additional/side products that the buyer wants to procure but are not available on GeM 4. Procurement of any one-time service/ bunch of services such as site survey, one-time audit service, one-time training etc Key Highlights- 1. As of now, the functionality has been made live for Railways, Defence & CPSUs only 2. For custom catalogue based bid, the total reference value of the bid has to be minimum Rs 5 lakhs 3. The buyer would be asked to take an undertaking that the procurement of required item is not feasible from the items/catalogues available on GeM 4. For custom catalogue based bid, the minimum bid duration is 21 days and maximum is 45 days 5. All such custom definitions may be considered for defining new categories on GeM later GeM Useful Videos- ★ Types of Bid on GeM-    • CLASS-6 | Types of Bid on GeM | Tender on ...   ★ Bid Participation on GeM -    • CLASS-8 | Product Bid Participation on GeM...   Email your queries at rohitsemwal73@gmail.com Disclaimer- Some contents are used for educational purpose under fair use. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. All credit for copyright materiel used in video goes to respected owner. #custombid #gemtraining #gemportal #custombidprocess