Bid Offer Validity is the period during which the Seller Offer is valid from the Bid End Date. The buyer needs to award the order within the Bid Offer Validity Period. If he is unable to do so, he must request an extension of bid validity from the seller. The seller has to accept/reject the offer validity request within 5 days from the date it was initiated.
See Also
Subpart 14.4 - Opening of Bids and Award of ContractSelling property by auctionSubmitting a No-Bid ResponseOn a bid what does offer expired meanYou will get an email about the bid validity extension request.
Steps
Log in to your GeM Seller Account and search for bids you have participated in. Accept or reject the request.
