Updated on November 26, 2024 09:33:00 AM
We are one of the leading consultancy firms who specialise in providing consultancy services to those business organisations who need expert consultancy across sectors. We have consistently helped organisations in managing strategic environments and offered plans to deliver their objectives. Our firm and team is highly experienced in catering to startups and large businesses in providing consultancy solutions to solve the most demanding business problems while opening new avenues to success.
Our consultancy services come with a comprehensive knowledge of the market environment, regulation, and strategies so we can avail business planning, compliance, market analysis, and operation consultancy. The level of experience we provide can guarantee that every client decides after becoming well informed on the competitive market.
We at Professional Utilities have senior consultants who have the expertise to consult their clients in all aspects of their business lives from the ground up. Regardless of whether it is aimed at improving internal processes, controlling risks or entering new segments, we aim to offer the measures that would ensure long-term improvement and profitability. Organisations can be assured of our ability to be a good partner to support and spur growth in their organisations.
GeM Vendor Assessment Sample Report
The GeM registration portal was launched by the Central Government and aims to promote MSMEs nationwide. Small businesses, including manufacturers and service providers, can list their products and services on the GeM portal marketplace to compete for government contracts. GeM portal registration Local manufacturers benefit through GeM portal registration in their specific states and industries, if they sign up for the GeM registration certificate. In line with the "Make in India" initiative, the GeM registration portal greatly emphasises on procuring the procurement of "Make in India" certified goods, encouraging local innovation and growth.
The most products listed on the GeM portal online are acquired by the central and state governments through online bidding and tenders. To participate in government procurement, sellers must complete the GeM vendor assessment and earn the OEM (Original Equipment Manufacturer) status.Goods are procured based on various factors such as direct purchase, lowest bidding, and L1 comparison, following the GFR-149 guidelines to ensure a fair and transparent process for all stakeholders.
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 QCI.
Upon completion of the assessment process, sellers can enlist their brand and product on the GeM portal as original equipment manufacturers and partake in procurement and tenders.
GeM portal registration provides several benefits to sellers, service providers, or GeM vendors which are:
The following documents are required for a GeM registration certificate for your business online on the GeM registration portal.
The GeM registration consultant at Professional Utilities can assist you to complete the 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 certificate 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.
The registration of the GeM portal is a very significant process for every company including MSMEs, manufacturers, or service providers who are interested in practising in government tenders to increase their business. By using the GeM platform, what is obtained is a proper, clear and effective public procurement system that assures fair competition and business development. With the help of a GeM registration certificate, businesses can get access to the wide platform, engage in tender and have privileges in case of any Micro, Small and Medium Enterprises.
Various professional consultants including Professional Utilities help in the GeM registration and also the vendor assessment along with their compliances in an easy and convenient manner. Their veteran staff ensures that this business obtains the right attributes and complies with all the requirements for it to compete effectively in the government niche. For bidding needs or for the attainment of OEM status, their consultancy services can ensure client longevity and profitability within the GeM platform.
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, the government can directly purchase from sellers on GeM until and unless the procurement cost is not more than rupees 25,0000.
OEM stands for the original equipment manufacturer. To participate in bidding and market their goods, all manufacturers and sellers registering with GeM must achieve OEM status through the vendor assessment program.
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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 .
