Tender Training

GeM- Vendor assessment process

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Vendor Assessment is the process of evaluating the Seller (Original Equipment Manufacturers -OEM or Authorized Reseller) based on the pre-defined parameter. The objective of the assessment is to recognize and develop reliable vendors so that they consistently meet or exceed the expectations and requirements of the buyers. Also, to ensure timely completion of various orders, … Read more

GeM (Government E-Marketplace) Caution Money

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GeM has made it mandatory from 01-01-2021 for every seller to submit the caution money on GeM portal.  This money will remain deposited with GeM to ensure you as seller act disciplinary manner. Based on the turnover of your firm, you need to deposit this amount Seller Turnover is less than 1 Crore: Rs. 5,000/- … Read more