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Once the brand listing process is completed, the business owner can register their products and services online on the GeM portal.
Listing a Product is obligatory because it provides information about the Product and services and helps buyers easily identify their requirements.
Before registering Products and services on GeM, sellers must undergo an obligatory Gem vendor assessment process to get OEM status.
The Product and services are classified into different categories, and each category has its requirements for listing on GeM.
GeM/Government eMarketplace is an online marketplace for MSMEs/manufacturers and sellers to register themselves to participate in public tenders and secure government procurements.
The Aim of establishing GeM is to promote the participation of MSMEs in procurement and make a transparent and efficient public procurement process.
Therefore sellers first need to register themselves on the Gem portal and undergo a mandatory Gem vendor assessment undertaken by the quality council of India. However, a certain category of sellers is exempted from the assessment process, such as MSMEs having NSIC certification.
GeM portal registration is free, but the registered MSMEs must deposit caution money and pay for non-refundable vendor assessment fees, which are held by the quality council of India.
Caution money deposit | Fees |
---|---|
Turnover less than ₹1cr | Rs 5,000/- |
Turnover between ₹1cr to ₹10 cr | Rs 10,000/- |
Turnover more than ₹10cr | Rs 25,000/- |
GeM vendor assessment | Rs. 11,200 |
Only after approval and brand listing can list any product or service, these are the following steps involved in listing products or services on the GeM portal.
Sellers are required to provide the quantity details of the Product. This helps government buyers before making any procurement.
Price is a crucial factor during procurement, so the seller is required to Quote the price of their products and services in INR. As per the guidelines, sellers need to provide the following pricing details:
Vendors need to upload clear pictures of their pictures and services in GeM catalogues along with other important details such as size, height, weight etc.
The GeM initiative offers micro, small, and medium manufacturing and service industries a level playing field. MSMEs can gain a significant advantage by registering on the GeM portal and becoming eligible for government tenders, bidding, and purchase orders. The GeM bidding process is transparent and unbiased, giving small businesses an equal chance to thrive.
L1 purchase enables direct procurement of Rs. 25,000 to 5,00,000 after a competitive comparison of prices from at least 3 vendors on the Gem portal.
Per the guidelines, anyone can register on the GeM portal.
GeM portal registration is free of cost. However, sellers are required to deposit caution fees as per their turnovers. Additionally, the Seller on Gem needs to burden the cost for GeM vendor assessment.
Caution money deposit | Fees |
---|---|
Turnover less than ₹1cr | Rs 5,000/- |
Turnover between ₹1cr to ₹10 cr | Rs 10,000/- |
Turnover more than ₹10cr | Rs 25,000/- |
GeM vendor assessment | Rs. 11,200 |
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