- Home
- >
- Blog
OUR BLOG
A collection of stories about our people, our capabilities, our research, and the ever-changing face of our firm.
NationalTenders
Mastering the GeM Portal: Ultimate Guide to Bid & Win Government Tenders on GeM | 14 May, 2023
Mastering the GeM Portal: Ultimate Guide to Bid & Win Government Tenders on GeM
In today's competitive world, winning government tenders has become difficult for any business. Procurement of tenders has become a race where everyone wants to win, but it is becoming more challenging day by day. There are thousands of businesses participating in the tender bidding process, and each one is trying to outdo the other. The government is looking for the most relevant and cost-effective solution, and businesses are trying to provide the best value for their products and services. However, with so much competition, vendors are having a tough time securing a government tender. Many factors come into play during the bidding process, including the quality of the service or product, price, experience, and reputation. Businesses need to be well-prepared and flexible to meet the government's requirements and get the tender. In conclusion, while securing a government tender can be a challenging task, it is an essential aspect of business growth and development.
What is Government e-Marketplace (GeM)?
Government e-Marketplace (GeM) is an online portal created by the Indian Government to facilitate the procurement of goods and services by various Government departments, Public Sector Undertakings, and other Government agencies. GeM was created to promote transparency, efficiency, and accountability in public procurement. The portal aims to reduce procurement time and cost, while also providing an opportunity for the users to sell their products and services to the Government of India. GeM was launched in August 2016 and is managed by the Directorate General of Supplies and Disposal (DGS&D), Ministry of Commerce and Industry of India.
Ever since its launch, the Govt's public procurement platform has witnessed a substantial increase in its gross merchandise value (GMV) – which is now at Rs 4.1 lakh crore– after processing over 1.5 crore orders. Furthermore, the number of buyers and sellers has increased immensely to almost 70,000 and 61 lakh respectively, within the period spanning six years. All these improvements indicate the steady shift from traditional procurement methods to digital procedures, thereby ensuring more transparency in government procurement practices, a challenge that previously affected micro, small, and medium enterprises (MSME) in offline transactions.
A step-by-step guide to GeM portal registration
The GeM Registration is a crucial step for personnel looking for contracts on the government e-marketplace. Once registered, you can submit documents and participate in the process through the e-procurement system. It is essential to submit all the relevant documents to ensure a smooth procurement process as it aids the verification and credibility of the bidder. The platform provides easy access to tender notifications, bids, and procurement procedures, making it a one-stop solution for all procurement needs. With the help of GeM platform registration, bidders can participate, acquire tender on GeM and expand their business.
Here is a step-by-step guide to GeM Registration:
- Visit the official GeM portal
- Then register on the platform by creating a login ID and providing all the relevant information
- Select the 'Seller' or 'Service Provider’s option, depending on what type of supplier you are.
- Enter your organization details like name, address, and contact information.
- Provide your PAN, GST number, and bank account details.
- Upload all the necessary documents like incorporation certificates, KYC documents, etc.
- Agree to the terms and conditions by providing an e-signature.
- Finally, submit the registration form and wait for approval by the GeM team.
- Once approved, you can start using GeM platform services for selling to government departments.
How to respond to relevant tenders?
Tender bidding process participation requires careful planning and attention to detail. Firstly, vendors must ensure that the tender is relevant to their business and that they meet the buyer's requirements. Next, they must request and obtain the tender documents from the buyer. It is essential to read and understand these documents thoroughly, as they outline the scope of the contract, evaluation criteria, and submission requirements. Once the seller has determined they want to bid on the tender, they must submit a bid in accordance with the tender documents' instructions. This involves completing all required forms and providing any necessary documentation. It is crucial to submit the bid before the deadline to avoid disqualification. Government tenders may have specific procedures that vendors should familiarize themselves with to ensure they comply with all regulations. Vendors should also consider registering on tender platforms such as GeM to streamline the submission process.
Tips to successfully win the tenders on GeM
Winning government tenders can be a daunting task, especially for small businesses. However, with the right strategy, it can become a lucrative source of income. Here are key checklist points you must check in order to acquire national and state government tenders:
- Understand the requirements: This involves reading the tender documents thoroughly, understanding the scope of work, and complying with all the rules and regulations.
- Demonstrate your experience: Government agencies are more likely to award contracts to businesses that have a proven track record of delivering similar projects successfully.
- Emphasize your value proposition: Highlight your unique selling points and what sets you apart from your competitors while applying for it.
- Have a competitive pricing strategy: While price isn't the only factor, it can be a significant one. Ensure that your pricing strategy is competitive and reasonable.
- Submit a complete and compelling proposal: Your proposal should be well-written, and concise, and answer all the requirements outlined in the tender document. In addition, it should be presented in the format specified, and all necessary documents included.
- Outsource the tender submission service: Get experts' assistance. Their process and knowledge about tender procurement can greatly assist businesses in navigating the complexities of the tender procurement process. These professionals can provide valuable guidance and advice on bidding strategies, tender evaluation criteria, compliance requirements, and documentation management.
Unlock success on the GeM portal & win government tenders with ease
National Tenders emerges as a game-changing online portal, offering a seamless pathway to success in the world of government e-marketplace tenders. With their team of experts dedicated to assisting and guiding bidders, National Tenders ensures that businesses can navigate the complexities of the tendering process with ease. By leveraging their wealth of knowledge and experience, bidders gain a competitive edge, enabling them to secure lucrative government contracts effortlessly. National Tenders' commitment to excellence, combined with their user-friendly platform and personalized support, empowers businesses to optimize their chances of winning tenders on the government e-marketplace. With National Tenders as a trusted partner, bidders can confidently unlock a world of opportunities and propel their business growth to new heights in the government procurement landscape.
Read more : What are steps for small businesses to win tenders?
- Top 5 Government Sectors in India with Growing Tender Opportunities in 2024
- Top 5 States in India with Highest Government Tenders in 2024
- India @ 2030: India's Business Landscape in the Next 5 Years
- International Business Opportunities V/S Business Opportunities in India (Guide)
- How Did Government e-Marketplace (GeM) Change Indian Procurement?