Government e-Market Place (GeM)
Based on the recommendations of the Group of Secretaries made to Hon’ble Prime Minister, the Government decided that GeM SPV will create a one stop Government e-Marketplace (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.
Government of India (Allocation of Business) Rules, 1961, vide notification dated 8th December 2017 has made the following entry “32. Development, operation and maintenance of National Public Procurement Portal—Government e-Marketplace”.
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 and DFPRT 2017.
Current version of GeM is 3.0 and additional features include enhance buyer registration, Seller & Service provider registration, Buyer rating, Vendor rating, Catalogue management, BI/Analytics and Product/Service listing.
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GeM Procurement
1 |
Up to Rs.50,000/ |
Through any of the available suppliers on the GeM, meeting the requisite quality, specification and delivery period. The procuring authorities will certify the reasonability of rates. |
2 |
Above Rs.50,000/- and up to Rs.30,00,000/- |
Seller having lowest price amongst the available sellers, of at least three different manufacturers, on GeM, meeting the requisite quality, specification and delivery period. |
3 |
Above Rs.30,00,000/- |
Through the supplier having lowest price meeting the requisite quality, specification and delivery period after mandatorily obtaining bids, using online e-bidding or reverse auction tool provided on GeM. The procuring authorities will certify the reasonability of rates. |
For more information on GeM please visit www.gem.gov.in