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GeM Stands for Government e-Marketplace where buyers are all government departments.
List Of Document Require for GeM Portal Registration: PAN Card, Udyog Adhaar or MSME certificate, GST registration certificate, Copy of canceled cheque, Aadhaar Card of applicant.
The central and State Government does the majority of procurement Through GeM; however, private buyers also can enlist themselves to buy goods via GeM guidelines.
Original Equipment Manufacturer are termes as OEM in GeM Portal. These OEMs are basically divided into four categories under GeM:
The Vendor Assessment is a facility, mandatory for OEMs, with certain exemptions. The Vendor Assessment Policy covers three distinct aspects of vendors that are captured and validated.
GeM provides an opportunity for agile and lean Startups to reach out to government buyers by offering products and services that are unique in concept, design, process and functionality through StartUp Runway corner.
Seller can create a catalogue on GeM. The secondary user can create a catalogue on GeM only if the primary seller authorizes him/her.
This 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.
In order to participate in a Bid, the seller should have the offering in the required category and the offered product should comply with the allowed values of Golden Parameters mentioned in the bid document.
To register on GeM as a seller, do I require a DIPP number? DIPP number is required only for Startups. For any startup to register on GeM DIPP number and linked mobile number is mandatory.
In order to participate in a Bid, the seller should have the offering in the required category and the offered product should comply with the allowed values of Golden Parameters mentioned in the bid documents.
In order to participate in a Bid, the seller should have the offering in the required category and the offered product should comply with the allowed values of Golden Parameters mentioned in the bid documents.
EMD of unsuccessful bidders shall be returned by the Buyer within 15 days after the award of contract or expiry of bid validity, whichever is earlier.
Yes, participation from the Bid/ RA can be withdrawn by the Seller/ Service Provider using the "Withdraw" option.
The term ePBG stands for Electronic Performance Bank Guarantee. This status of ePBG is available to the buyer on the bill detail page.
Service provider quoting less than floor price set by buyer or GeM will be disqualified automatically.
A tender is essentially an invitation to bid or a formal offer to provide goods or services at a specified price. It is a structured process through which organizations and government bodies procure goods, services, or construction projects. Tenders are often utilized when the value of the project exceeds a certain threshold or when transparency and fair competition are desired.
EMD stands for Earnest money deposit. This security instrument may be asked in form of Bank Guarantee, Demand Draft or Bankers cheque. It is asked for saving Authority from unwanted proposals and to secure themselves against a possible financial liability which may arise due to unwillingness of selected vendor to execute his commitments. The authority in that case earns that EMD amount if the selected vendor after tender process refuse to carry out work.
A tender document is a formal document that is used to solicit bids from potential contractors or suppliers. The purpose of a tender document is to provide potential bidders with all of the information that they need in order to prepare a bid for the project. The tender document will typically include information on the scope of work, the timeline for the project, and the budget.
Yes, EMD is refundable in a case if you are not awarded with tenders.
No it’s not refundable.
CPPP is Central Public Procurement Portal of Government of India. It can be accessed at https://eprocure.gov.in/cppp/.
A reverse auction is an auction where the roles of a buyer and Seller are exchanged, i.e. sellers bid prices instead of buyers. the auction is initiated by the Buyer and the Supplier bids in real time driving the price down. It is a type of competitive bidding conducted on reverse auction websites, which is suitable when the only point being negotiated between the Buyer and the Supplier is price.
Request for Proposal, A request for proposal (RFP) is a business Document that announces and provides details about a project, as well as solicits bids from contractors who will help complete the project.
Yes reseller can also take participate in tender, with authorization of principle OEM.
A Digital Signature Certificate (DSC) is an electronic and legal alternative of traditional wet signature. It can be presented electronically to obtain services or information on the internet or else to sign documents digitally.
