GeM Portal is a revolutionary platform for government buyers and sellers to meet, transact and collaborate in an efficient manner. GeM stands for Government e-Marketplace, which is a one-stop shop for all the government procurement needs.

The GeMs Portal offers numerous advantages that make it stand out from other similar platforms. It provides an easy-to-use interface with a wide range of features that enable buyers and sellers to quickly find what they need and make transactions hassle free. It also offers transparency in the procurement process with its real-time tracking system and secure payment gateway. Furthermore, it allows users to search for tenders related to their field of expertise or interest, making it easier to find business opportunities.

GeM Portal for Sellers

This platform has been designed to make it easier for sellers to do business with the government. It simplifies the seller registration process, allowing them to register online without having to submit any paperwork. Furthermore, it provides a secure and transparent bidding system that ensures fair competition among all bidders. With these features, GeM is an ideal platform for sellers looking to do business with the government. 

The following are some of the reasons why a seller should start bidding for a GeM portal tender: 

• Complete access to National Public Procurement Market with one-time registration 
• Zero fee with no charges for registering as a seller
• To encourage small business owners, special provisions for MSMEs, startups, etc. 
• A completely online process – paperless platform 
• Option multiple invoices for a single order 
• If a seller is not given contract, proper reason will be shown to maintain transparency 
• Online grievance redressal portal for sellers 
• J&K and North East dwellers exempt from ITR at the time of bid participation 
• Direct access to government departments and government organisations, thus eliminating middlemenship 

GeM Portal for Buyers

The following are some of the reasons GeM portal is highly beneficial for buyers: 

• Transparency in prices and ease of buying 
• With multiple sellers in place, GeM offers rich listing of products and services for buyers to choose from 
• Buyers can directly purchase up to Rs 25,000 
• For higher amounts of more than Rs 25,000 to Rs 5 lakhs, L1 purchases can be made 
• Option to send direct notifications to sellers
• Buyers can study Price Trends and Comparison for price transparency 
• Integrated payment system allows for instant payment with safety 
• Option to select multiple consignee locations and quantities 
• Notification sent to buyers for expiry of delivery period and when there’s an initiation of cancellation of contract, if the seller(s) is not able to provide 
• Option to cancel contract if 15 days have expired from delivery period (even if the invoice has been raised)

Conclusion

With these advantages to your side, it would be a huge loss if you do not make use of this opportunity to win government contracts. In order to find the best contract opportunities, you can head over to BidAssist and look for the GeM Tenders section on the tender aggregator website, that too for free. 

And if you need assistance in creating your seller profile on GeM Portal, download tender documents, get help in catalogue listing and more, you should consider one of the six plans that the website offers. In addition to all these services, you can also get assistance in placing that perfect bidding proposal so that the GeM portal tender you’ve been eyeing for some time now finally lands in your basket. 

All you need is to buy a plan, search for your preferred GeM portal tender on the website and the rest will be their responsibility. Just give your details and documents and relax.