Understanding Earnest Money Deposit (EMD) on the GeM Portal
In government procurement, the Earnest Money Deposit (EMD) serves as a financial guarantee from bidders, ensuring their commitment to the bidding process. On the Government e-Marketplace (GeM) portal, understanding the role and requirements of EMD is vital for suppliers aiming to participate in tenders. Here’s all you need to know about EMD on GeM Portal …
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