Updated on December 06, 2024 03:36:44 PM
We are the number one leading GeM service provider in the country and have assisted numerous companies in obtaining online GeM portal registration and in the GeM vendor assessment process.
Many of our clients have benefited from our assistance in gaining sales through the state and central agencies via the Government e-Marketplace procurement. These sales were made possible by the GeM portal registration.
If you have any questions or concerns about GeMs at all, our team of highly knowledgeable professionals is always ready to provide you with answers to those questions and concerns.
GeM Vendor Assessment Sample Report
The GeM stands for Government e-Marketplace is an initiative that was launched by the central body to promote MSMEs in the nation.
Small businesses, such as manufacturers and service providers, can list their goods and services on GeM, an online marketplace to compete for government contracts.
Local manufacturers have the opportunity to benefit from GeM portal registration in their respective states and industries if they sign up for the GeM portal.
As part of the "Make in India" initiative, a greater emphasis is placed on procuring "Make in India"-certified goods.
Central and state governments typically acquire most of the products listed on the GeM portal through online bidding and tenders.
To participate in government procurement bidding, Sellers need to opt for GeM vendor assessment to get their OEM status.
Procurement of goods happens based on various factors, such as direct purchase, lowest bidding and L1 comparison as per GFR-149 guidelines.
GeM Vendor assessment is mandatory for all the sellers registered on GeM to list their brands and products on the portal to participate in government procurements and tenders.
The vendor assessment usually takes around 15-20 days to complete by the quality council of India. Assessment is carried on 2 phases based on a checklist of RITES.
Documents for GeM registration
The expert team at Professional Utilities can help you get GeM portal registration for your MSME in quick, simple steps.
Step 1:
Get in touch via call or contact form
Step 2:
Provide necessary documents
Step 3:
Get Your GeM registration in 2-3 days & vendor assessment in 15- 20 days
Grow Your Business On GeM Portal
Sell your products and services to government buyers by becoming an Original Equipment Manufacturer (OEM) on GeM
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| Annual Turnover | Vendor assessment Fee inclusive of GST |
|---|---|
| Up to 20 lakhs | ₹ 871.61 |
| From 20lakh - 1Cr | ₹ 1743.22 |
| More than 1 Cr | ₹ 3486.44 |
| Caution Money Deposit | Fees |
|---|---|
| Seller Turnover less than 1 Crore | Rs 5,000/- |
| Seller Turnover in between 1 Crore and 10 Crores | Rs 10,000/- |
| Seller Turnover more than 10 Crores | Rs 25,000/- |
Note: The aforementioned Fees is exclusive of GST.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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All MSMEs are eligible to apply for GeM portal registration to obtain OEM status and participate in public procurement.
GeM is an E-marketplace portal where sellers and buyers can list their products and services for central and state governments to purchase through public procurement. MSMEs are required to register themselves to take part in procurement.
With professional Utilities, you can complete your GeM registration in quick, simple steps.
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.
| Annual Turnover | Vendor assessment Fee inclusive of GST |
|---|---|
| Up to 20 lakhs | ₹ 871.61 |
| From 20lakh - 1Cr | ₹ 1743.22 |
| More than 1 Cr | ₹ 3486.44 |
| Caution Money Deposit | Fees |
|---|---|
| Seller Turnover less than 1 Crore | Rs 5,000/- |
| Seller Turnover in between 1 Crore and 10 Crores | Rs 10,000/- |
| Seller Turnover more than 10 Crores | Rs 25,000/- |
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.
L1 comparison is initiated when the purchase order is more than INR 25,000. Then it's mandatory to compare products from three different sellers who offer the lowest possible price for their products.
Yes, any purchase order below INR 25,000 can be directly procured by Government entities, and purchase orders above INR 25,000 upto INR 5,00,000 can be directly purchased after initiating an L1 comparison.
Per the regulations laid out in General Financial Rule 149, any purchase order with a value greater than 5,00,000 Indian Rupees must be placed through the competitive bidding process.
OEM stands for original equipment manufacturer; all sellers and manufacturers registering with GeM must obtain OEM status to participate in the bidding process and sell their products and services.
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They've been very helpful in our registration with ICEGATE. It was a small thing with a small amount paid which somehow escalated to a very painful procedure. Never did they say "You've only paid so much. It's too much effort for us.".
Very pleased with their service. Prompt, professional and great communication. Definitely recommend. Special mention for Ms. Razia - she handled our case.
Professional Utilities is fully professional in their work, Rates are too low and genuine. Services and satisfaction are high so I highly recommended Professional Utilities.
They are one of the most genuine and reasonable people. I applied for lmpc certificate through them and they charged me a very nominal amount as compared to what other firms asked .
