Updated on July 06, 2024 11:46:51 PM
GeM Vendor Assessment is one aspect of vendor validation on the GeM portal. It is for the Quality Assurance of a vendor and its products and services. It is a process for the Evaluation of Vendors and their performance on various predefined parameters. The objective of the Vendor Assessment is to recognize and develop reliable vendors so that they consistently meet or exceed the expectations and requirements of the buyers. Vendor Assessment is mandatory for all OEMs, excluding the exempted category.
There are several Categories of Products and Services in Vendor Assessment. One of them is the desktop computer, about which we shall talk in detail about its features and specifications.
The Vendor Assessment is a crucial process carried out by RITES, a leading public sector consultancy and engineering firm in India, at various parameters. Potential vendors who want to sell their goods and services on the Government e-Marketplace (GeM) Portal are invited to participate in this evaluation, which aims to analyze their infrastructure, capabilities, and compliance.
Once the Vendor Assessment is completed, Original Equipment Manufacturers (OEMs) can access their exclusive OEM Panel and proceed to list their offerings on the GeM Portal.
GeM Vendor Assessment Sample Report
The importance of Vendor Assessment are as follows:
Specifications of Desktop Computers-
Quality Parameters of Desktop Computers-
The following documents required as mentioned below -
Document Required for desktop assessment
Documents Required on Companies Letterhead with Stamp and Signature
The Vendor Assessment is done in two forms: Desktop Assessment and Video Assessment.
The Vendor Assessment fee for the GeM certification is about ₹ 11,200 with 18% GST on it. However, the applicants are also required to deposit caution money prior to performing activities on the portal. The eligibility for the Caution money deposit depends on the seller's turnover.
Such as:-
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/- |
Vendor Assessment Fees | Rs. 11,200 + GST |
Note: The aforementioned Fees is exclusive of GST.
The benefits of Vendor Assessment are as follows:
In conclusion, the Vendor Assessment conducted on the GeM portal (Government e-Marketplace) has offered insightful information regarding the skills and appropriateness of various suppliers for procurement procedures.
The Vendor Assessment on the GeM portal serves as a vital mechanism for enhancing procurement processes and nurturing vendor growth. By upholding the principles of transparency, fairness, and value for money, the GeM portal contributes to the overall advancement of public procurement practices.
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.
Vendor risk assessment involves identifying and assessing potential risks linked to vendor collaboration, weighing the benefits against the risks as per organizational policies, and thoroughly evaluating the vendor's business and all their offerings.
Sellers start the Vendor Assessment process by filling out an online application and submitting the Vendor Assessment fee directly to QCI, priced at Rs.11,200 + 18% GST. This fee, which is non-refundable, must be paid through the GeM portal.
The following are the elements used for Vendor Assessment:
After finishing the Vendor Assessment application on the portal and settling the payment, QCI will reach out to the seller for the next steps. The Vendor Assessment remains valid for 3 years.
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