GeM Advantages
Government e-Marketplace (GeM) is the Public Procurement Portal for procurement of goods and services for all Central Government and State Government Ministries, Departments, Public Sector Units (PSUs) and affiliated.GeM endeavours to make public procurement process transparent, efficient and inclusive. Following are the advantages of GeM It acts as a centralized and unified public procurement platform for government buyer organizations and suppliers of goods and services, accompanied by:
- Policy reforms for current processes of public procurement ecosystem
- Driving Inclusiveness and Ease of Doing Business (EoDB) with the government (especially for smaller organizations such as MSMEs)
- Standardization of processes backed by the regulatory framework
- A fully automated system enabled through advances technologies
Why buy on GeM?
- Provide transparency and ease of buying
- Offers rich listing of products for individual category of goods/services
- Direct purchase for amounts upto INR 25000
- L1 purchase for amounts greater than INR 25000 and less than INR 5 Lakhs
- Proprietary Article Certificate Bid- Procurement of specific product as per requirement
- Price Trends and Price Comparison From Multiple Suppliers
- Direct notifications to sellers
- Integrated Payment System
- Easy to comprehend interface to search, compare, select and buy
- User friendly dashboard for monitoring supplies and payments
- Online grievance redressal mechanism for quick resolution
- Direct purchase, L1, Push button procurement, Bid/RA mode of procurement and forward auction for auction.
GeM has enriched listing of approximately 10000 products categories and 290 services categories wherein millions of sellers have offered their catalogue. - Buyers can now select bid duration between 3 & 45 days.
- Delivery period upto 365 days and upto 6 years with approval.
- Option to provide multiple consignee locations and quantity
- Multiple consignee can be selected for Services
- Pin-code based seller selection for Direct Purchase Mode
- ATC library available for addition of terms and conditions
- Additional Deductions can be applied by buyers at the time of bill generation
- Notification to buyers regarding:
- expiry of DP (Delivery Period) for the contract
- Initiation of cancellation of contract in case of non-delivery by sellers
- Buyer during technical evaluation can make a MSE seller eligible or ineligible for MSE purchase preference.
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Now buyers get the option to cancel the Product contract(s) even if the invoice has been generated by seller provided 15 days have expired from delivery period.
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18 Banks have enabled GeM Pool Account
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To improve fair participation in Bid / RA, GeM now ensures that at least 3 sellers have participated and offered products from at least 2 different OEMs.In case buyer wants to proceed with less than 3 Resellers or two OEMs/Brand, they have to upload approval from Competent Authority.
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