GeM Government e Marketplace

Government e Marketplace GeM Platform for individual categories Goods/Services

Special purpose Vehicle to be called Government e-marketplace (GeM SPV) as the National Public Procurement Portal as section 8 Company registered under the companies Act, 2013 for providing procurement of goods and services required by Central & State Government organizations. GeM SPV shall provide an end-to-end online Marketplace for Central and State Government Ministries / Departments. Central & State Public Undertakings (CPSUs & SPSUs). Autonomous institutions and Local bodies, for procurement of common use goods & services in transparent and efficient manner.

Based on recommendations of Group of Secretaries made to Hon’ble Prime Minister, the Government decided that GeM SPV will create a one stop Government eMarketplace (GeM) 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 achieve the best value for their money.

The purchases through GeM by Government users have been authorized and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.

GeM ADVANTAGES FOR BUYERS

Offers rich listing of products for individual categories of Goods/Services

Makes available in search, compare, select and buy facility

Enables buying of Goods and Services onlineas and when required.

Provides transparency and ease of buying

Ensures continuous vendor rating system

Up-to-date user-friendly dashboard for buying, monitoring supplies and payments

Provision of easy return policy

Search with option to provide multiple consignee locations and quantity after authentication

Order Process redesigned for ease of use

Provision to generate multiple bills for one single order

Multiple CRAC to be generated on the basis of the invoice generated for one order

Bunching for products is available for Biding New

GeM ADVANTAGES FOR SELLERS

Direct access to all Government departments.

One-stop shop for marketing with minimal efforts

One-stop shop for bids / reverse auction on products / services

New Product suggestion facility available to Sellers

Dynamic pricing: Price can be changed based on market conditions

Seller friendly dashboard for selling, and monitoring of supplies and payments

Consistent and uniform purchase procedures across the GeM portal

Multiple consignee locations are enabled with or without variation

Multiple Invoices for one order

Ensures continuous vendor assessment system New