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GeM is a short form of one-stop Government e Marketplace hosted by DGS&D where common user goods and services can be procured. GeM is also known as Govt e Market or Gem e Market or Gem Government e Marketplace. GeM is dynamic, self-sustaining and user-friendly portal for making procurement by Government officers.
Public procurement forms a very important part of Government activity and reform in Public Procurement is one of the top priorities of the present Government. Government e-Marketplace is a very bold step of the Government with the aim to transform the way in which procurement of goods and services is done by the Government Ministries and Departments, Public Sector Undertakings and other apex autonomous bodies of the Central Government.
Presently more than 7400 products in about 150 product categories and hiring of transport service are available on GeM POC portal. Transactions for more than Rs 140 Crore have already been processed through GeM.
GeM Vendor Assessment is mandatory for OEMs (Manufacturers) who wish to registered themselves as an OEM and also create and manage Resellers on GeM. Below are few points on how we help in Vendor Assessment:
Government e-Marketplace (GeM) is a one-stop portal to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. GeM aims to enhance transparency, efficiency, and speed in public procurement. It provides the tools of e-bidding, reverse e-auction, and demand aggregation to facilitate the government users to achieve the best value for their money.
Yes and No. GeM Registration is free however you have to deposit caution money which will allow Seller to create Catalogues and Sell items on Government e-Marketplace.
What is Caution Money?
Caution money provision is being introduced for bringing discipline among sellers. All Sellers on GeM would be required to deposit a fixed amount with GeM as Caution Money deposit.
GeM Registration Government Fees / Caution Money Deposit Fees as of 01-July-2021.
Seller Turnover less than 1 Crore | ₹5,000/- |
Seller Turnover in between 1 Crore and 10 Crores | ₹10,000/- |
Seller Turnover more than 10 Crores | ₹25,000/- |
Vendor Assessment Fees | ₹11,200 + GST |
Vendor Assessment is a process, compulsory for OEMs, to get the OEM panel on Gem to register your brand as a manufacturer in the related category with help of a Trademark certificate and website. Manufacturers on GeM would be required to get an assessment of their organization profile and the items that are enlisted for an offer on GeM.
What is Vendor Assessment on GeM?
Vendor Assessment is a process, compulsory for OEMs, to get the OEM panel on Gem to register your brand as a manufacturer in the related category with help of a Trademark certificate and website. Manufacturers on GeM would be required to get an assessment of their organization profile and the items that are enlisted for an offer on GeM.
What is Vendor Assessment Exemption?
A manufacturer can initiate vendor assessment exemption by providing required documents in below listed category