The Government e-Marketplace (GeM) has transformed public procurement in India by providing a transparent and efficient platform for government buyers and sellers. A crucial component of this transformation is the GeM Vendor Assessment, which ensures that sellers meet the necessary standards and qualifications to participate in government procurement. Here’s all you need to know about GeM Vendor Assessment- Introduction to GeM The Government e-Marketplace ( GeM ) is India’s unified platform for public procurement, promoting transparency and efficiency in government purchases. To uphold high standards, GeM mandates a Vendor Assessment process to evaluate the credentials of sellers, particularly Original Equipment Manufacturers (OEMs) and resellers in specific categories. This assessment ensures that only qualified vendors participate in government procurement, thereby maintaining the integrity of the marketplace. What is GeM Vendor Assessment? GeM Ven...
WANT TO KNOW IF I GIVING 4 TO 6 HOURS FOR GEM PORTAL RULES AND REGISTRATION EVERYTHING AND IN RETURN I CHARGE FOR CONSULTATION. IS IT RIGHT OR WRONG?
Charging ₹1000 for 4 to 6 hours of consultation on GeM portal rules and registration can be seen as undervaluing your services, especially if you provide comprehensive guidance. Here are some points to consider:
Factors to Evaluate:
- Value of Service: Ensure the fee reflects the comprehensive guidance you provide.
- Market Rates: Compare with what other consultants charge for similar services.
- Sustainability: The fee should cover your time, effort, and operational costs.
Pros:
- Affordable for Clients: Makes your services accessible to a larger audience.
- Attracts New Clients: Lower pricing can attract more clients initially.
Cons:
- Sustainability: This rate may not cover your time, effort, and expertise adequately.
- Perception of Value: Clients may perceive lower rates as indicative of lower quality.
Recommendation:
Evaluate the market rates for similar services. If your expertise is high and you provide significant value, consider increasing your rates. Ensure the pricing is fair to both you and your clients, reflecting the quality and comprehensiveness of your consultation.
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