Archive · 20 May 2025
GeM to Add Rate Contracts, Global Tendering for Procurement
GeM, a government online marketplace, is working on adding new features.
These features will allow for rate contracts and global tendering.
This means they will be able to buy goods and services at fixed prices and from companies all over the world.
This update is intended to make the website better and more competitive.
An official stated that these upgrades will happen soon.
Currently, these specific functions are not available on the GeM portal, but this is set to change soon.
GeM is planning to integrate rate contract and global tendering.
The features aim to improve the portal's flexibility.
The features aim to improve the portal's competitiveness.
A senior official announced the plans on Monday.
The features are not currently available on GeM.
- Who
- Government e-Marketplace (GeM)
- What
- Plans to include rate contract and global tendering functionalities
- When
- Soon; Announced on Monday
- Where
- Government e-Marketplace (GeM)
- Why
- To enhance its flexibility and competitiveness
- Announcement Date
- Monday
- Objective
- Enhance flexibility and competitiveness
- Features Planned
- Rate contract and global tendering
- Platform
- Government e-Marketplace (GeM)