Best GeM Consultant and Service Provider in Bangalore

TendersOnTime, the largest tenders' aggregator, is based out of Bangalore. TendersOnTime provides a complete range of GeM support services like Bangalore Company registration on the GeM portal, Assessment of Bangalore vendors, Brand approval for Bangalore based company on the GeM portal and help to Bangalore based organizations in participating GeM bids, reverse auctions, forward auctions, etc.

According to the IMF's 2022 estimates, the total GDP of Bangalore on PPP basis is around US$110 billion. This makes Bangalore the fourth most productive metro area in India, after Mumbai, Delhi, and Kolkata. The GDP of Bangalore is largely driven by the IT and technology sector, which accounts for around 38% of the city's total GDP. Other important sectors include manufacturing, healthcare, and education. Bangalore is also a significant financial and transportation hub and home to several multinational corporations' headquarters.

Since public procurement on the GeM portal is increasing very fast, GeM portal registration and supply through the GeM portal has become necessary for many organizations, be it an MSME company, a trader or a private limited company. TendersOnTime helps its clients win direct orders and make their offers presentable to the supplier community. Accordingly, TendersOnTime is receiving a tremendous response and becoming the preferred vendor for availing of the GeM support service.

Bangalore's contribution to India's GDP, direct tax collection (Income Tax), customs duty collection, foreign trade and stock market assets are as follows:

• GDP: Bangalore's contribution to India's GDP is around 5%. This makes Bangalore the third largest contributor to India's GDP, after Mumbai and Delhi.
• Direct tax collection: Bangalore's contribution to India's direct tax collection is around 10%. This makes Bangalore the second largest contributor to India's direct tax collection after Mumbai.
• Customs duty collection: Bangalore's contribution to India's customs duty collection is around 7%. This makes Bangalore the third largest contributor to India's customs duty collection, after Mumbai and Chennai.
• Foreign trade: Bangalore's contribution to India's foreign trade is around 12%. This makes Bangalore the second largest contributor to India's foreign trade after Mumbai.
• Stock market assets: Bangalore contributes to India's stock market assets around 15%. This makes Bangalore the second largest contributor to India's stock market assets after Mumbai.

While participating in the GeM government tenders process, Bangalore suppliers need to take a few precautions. Here also, TendersOnTime acts as Government E-Marketplace Consultants and helps micro and small enterprises from Bangalore by way of providing GeM-related consultancy services, which include but are not limited to:

• Help in uploading the products to Bangalore dealers
• Help in providing proper delivery details
• Guidance in logistic services and arranging the most suitable vendors
• Delivery-related issues faced by Bangalore vendors registered on the GeM portal
• Providing regular updates related to suppliers' accounts.

Bangalore suppliers new to the GeM portal facing difficulties at various levels can count on TendersOnTime's award-winning GeM related services like:

• Bangalore Company Registration
• Bangalore Vendor Assessment on GeM portal
• Approval of brands for Bangalore-based companies
• Catalogue upload and approval services on the GeM portal
• Help Bangalore-based suppliers participate in Reverse and Forward Auctions.

Selling through the GeM portal can bring immense advantages to Bangalore-based companies, including raising their top and bottom lines. Below are some of the advantages which Bangalore contractors and suppliers can avail while supplying through the GeM portal:

• Direct access to major Banks, PSUs, Railway requirements, etc.
• No need to spend on marketing.
• Single platform for bids and reverse auction for most products and services.
• Facility to change prices based on market conditions
• Get auto notifications of bids related to your product category
• Sell with complete transparency and easiness
• Sell from the comfort of your office
• Access to the comprehensive dashboard to monitor orders, supplies and payment status

1. To bring transparency in the procurement function, GeM has provided a provision wherein a disqualified bidder can challenge its rejection. The bid can't proceed further unless and until the purchasing authority replies to the challenge/concern raised by the bidder. Furthermore, the procurement process is faceless and transparent; the seller’s identity is not revealed till the opening of L1.

2. Availability of a wide variety of procurement methods like Push Button Procurement (up to a maximum of Rs. 5 Lacs), Direct Procurement, Lowest price offer and Bid/Reverse auction.

3. The First government-owned procurement portal has processed around 1.5 Crore orders amounting to approximately Rupees 375,000 Crores.

4. Products and services are categorized in a very detailed/Wide category list, with total Product Categories of around 11,475 and Service Categories in 283 categories.

5. Registered Products: 3,258,541 and Service Offerings: 267,242

6. Equipped with advanced analytics for the decision support system and fraud and anomaly detection.

Though the GeM portal registration process, GeM portal login and product/service offering are complete online and free of cost, suppliers and bidders from Bangalore often find it difficult to register and participate in the bidding process successfully. This is where TendersOnTime offers value addition at a fraction of the cost.

Further, TendersOnTime encourages start-ups, women-owned businesses and MSMEs for GeM portal registration, participation in bids, and get preferences as per the prevalent procurement policies/rules.

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