Professional Documents
Culture Documents
No repetative tendering.
Easy to payment.
MULTIPLE PROCUREMENT OPTION
Rule 149 of GFR 2017
Financial Limits
Direct Purchase Up to Rs.50,000/-
E-Sign
Quick payment
Faster payment
Within 10 days
No cash Handling
Multiple Payment option
PFMS
Banking
NEFT
Online payment
ESSENTIAL FEATURES
Data integrated with Aadhar, PAN, MCA-
21.
No one can get registered himself.
Online demand.
Online submission and clarification.
Delivery scheduled fixation.
No human interference/intervention.
Multiple products and services.
BENEFITS TO BUYERS:-
Selected mode of procurement.
Selected products as per requirement /
specification.
DP/L1/Bidding/RA.
Upload scanned financial approval.
Upload Sanction order,E.sign.
Taking less time(maximum input in
minimum time).
TERMS AND CONDITION –
SALE/PURCHASE
• Online Purchase Order – Sellers rates and
delivery schedule
• Liquidated damages for delay in supplies
• Refund Policy – 10 days
• Provisional Receipt Certificate
• Consignee Receipt and Acceptance Certificate
• Payment Terms
• Dispute resolution mechanism
GEM – PRESENT STATUS
• Seller’s Perspective
Equal opportunity to supply
Timely receipt of payment
Direct-bid/RA-15DaysP-20 min.
Payment.
MISSING FEATURE ON GEM
Buyers canot add specifications.
Price reasonability of items buyers
resonability
Bundling and bunching of items.
Online payment.
Poor quality assurance.(lack of offline
checking systems)
Poor and rapid change in watch list.
Need for rating.
Thanks