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Gem Portal Offers Multiple Modes of Procurement to Suit the Dynamic Requirements of Varied Government Buyers. Basis the Rule 149 of General Financial Rules, 2017 (Amended on 10th July, 2024), the Direct Purchase & L1 Purchase Procurement Mode Is Defined for Following Procurement
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What Is the Difference Between Direct Purchase and L1 Purchase on Gem? www.gem.gov.in
Gem Portal Offers Multiple Modes of Procurement to Suit Requirements of Varied Government Buyers. Basis the Rule 149 of General Financial Rules, 2017 (Amended on 10th July, 2024), the Direct Purchase & L1 Purchase Procurement Mode Is Defined for Following Procurement: the Dynamic www.gem.gov.in
Direct Purchase: Applicable for all procurement valued up to ₹ 50,000 through any of the available suppliers on the GeM portal, meeting the requisite quality, specification & delivery period www.gem.gov.in
L1 Purchase: Applicable Mode of Procurement for All Orders Valued Above ₹50,000 and Up to ₹10,00,000 Through Gem Seller Having the Lowest Price Amongst Available Sellers,of Atleast Three Different Manufacturers on Gem, Meeting the Requisite Quality, Specification & Delivery Period. www.gem.gov.in