[!TIP] Quick Answer: GeM Reverse Auction (RA) ek dynamic competitive bidding process hai jahan sellers real-time mein apna price reduce (decrement) karte hain taaki L1 position secure kar sakein.
| Feature | Details |
|---|---|
| Process Type | Reverse Bidding |
| Decrement Rule | 0.1% to 10% of Current L1 |
| Eligibility | Technically Qualified Bidders |
| Typical Duration | 2 to 7 Days |
Reverse Auction (RA) GeM par ek powerful mechanism hai buyers ke liye cost save karne ka, aur sellers ke liye L1 position win karne ka. Jab technical evaluation ho jata hai, tab buyers RA initiate kar sakte hain. Is guide mein hum Reverse Auction ka complete process samjhenge.
| Criteria | Requirement |
|---|---|
| Technical Status | Must be 'Qualified' by the Buyer |
| Initial Financial Bid | Must have submitted |
Agar aapka price lowest hai, toh wait karein. Agar koi aur aapko undercut karta hai, toh apna minimum profit margin check karke naya decrement bid place karein.
[!WARNING] Kabhi bhi emotion mein aakar apne minimum profitable price (floor price) se neeche bid mat karein. Order execute nahi kar paane par severe penalties (LD/Debarment) lag sakti hain.
| Feature | Standard Bid | Reverse Auction |
|---|---|---|
| Pricing | Single blind bid | Dynamic real-time |
| Transparency | Visible post-opening | Current L1 visible in real-time |
Q1: What is Reverse Auction on GeM? A: It's a real-time bidding process where sellers compete by lowering their prices to become L1.
Q2: How much can I decrease my price? A: Decrement percentage is set by the buyer (usually between 0.1% to 10%).
(...13 more FAQs detailing decrement rules, auto-extension, etc.)
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