Finance Department has directed departments, Public Sector Undertakings (PSUs), Autonomous Bodies and Boards to implement a unified system in which the next version of Government e-Market i.e., GeM 4.0 is being anchored.
As per the circular issued by the Financial Commissioner, Finance Department, Dr Arun Kumar Mehta all the central government buyers and Union Territory buyers will be required to obtain a “GeM Availability Report and Past Transaction Summary” to take informed procurement decisions.
“The GeM will prompt buyers to publish a ‘custum-bid’ on GeM itself for estimated order value exceeding INR 5 lakhs if a good or service that a buyer is looking for is not on the platform,” reads the circular.
It states that: “If a buyer decides to publish the bid outside GeM on the central Public Procurement Portal (CPPP), the corresponding ID of GeM Availability Report will be required as a mandatory input before publishing of a bid can be allowed. This ID will be validated in real time with GeM.”
The Finance Department further said that: “After validation a copy of the published tender will be returned to GeM for analysis. The functionality of ‘custum bid’ went live on October 7 2020. The feature of ‘custum bid’ will be in operation until all categories of products and services required by diverse buyers are made available on GeM.”