Note: Govt fee is 11200 + Gst and application fee changes as per consultant
GeM, which stands for Government e-Marketplace, is an online platform created by the Government of India for the procurement of goods and services by various government organizations. It is an end-to-end marketplace that facilitates the procurement process from product selection to payment, and enables transparency and efficiency in the procurement process.
The platform is designed to provide a single-window access to various procurement needs of government departments, organizations, and public sector undertakings. It also aims to promote the concept of “Make in India” and support small and medium-sized enterprises by providing them with a level playing field. Furthermore, in GeM 4.0, authorities have provided new methods of procurement for low-tier buyers to promote economic activities more frequently and easily.
In short, GeM is a one-stop shop for government procurement that is transparent, efficient, and supports the growth of small businesses.
The government e-Marketplace (GeM) has introduced PBP, or push-button procurement, to make it easier for small buyers to purchase goods and services. Under PBP, buyers can initiate procurement for products below the L1 bidding price. The goal of GeM is to give small businesses the same opportunities as large businesses to conduct business through the government e-Marketplace and to make procurement easier for infrequent buyers. Buyers can now create PBP notifications for L1 purchases of up to 5 lakh rupees.
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We have a thorough understanding of the industry’s unique challenges and opportunities. We have helped countless clients establish and grow their businesses with confidence thanks to our years of experience and expertise in the field. Our team is dedicated to providing comprehensive services that cover every aspect of Government e-Marketplace.
We are committed to staying up-to-date with the latest trends and regulations in the industry to ensure that our clients receive the most current and accurate information. You can trust that we have the knowledge and resources to help you achieve your goals with our proven track record of success.
GeM (Government e-Marketplace) has transformed the procurement process for various government organizations in India. The introduction of Push button procurement (PBP) on the platform has made it even easier for small-scale buyers to conduct their business and promote economic activities. With the help of GeM, businesses can navigate the platform efficiently and effectively. GeM has not only provided a level playing field for small and medium-sized enterprises but also promoted the “Make in India” concept, driving the growth of the Indian economy.
PBP notices allow sellers of relevant products to re-enter the bidding process to compete with L1 bidders.
To participate in GeM bidding, sellers must first register with Gem on the portal and then obtain OEM panel access through QCI vendor assessment.
The government fee for QCI vendor assessment is only INR 11,200.
The QCI vendor assessment process can be completed in 15-20 days.