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TendersOnTime, the largest tenders’ aggregator is based out of Mumbai, the financial capital of India. TendersOnTime provides the complete range of services like: Mumbai Company registration on GeM portal, Assessment of Mumbai vendors, Brand approval for Mumbai based company on GeM portal and help to Mumbai based organizations in participating GeM bids, reverse auction and forward auction etc.
As per IMF 2022 estimates Mumbai total GDP stands at around 725 Billion USD on PPP basis. The richest city in India and 12Th richest in the World, the per capita income for India stands at around USD 23450, which is almost double the Indian average. Apart from hosing the headquarter of many top private sector companies of India, Mumbai is also preferred choice for many Government owned businesses like: Hindustan Petroleum, Bharat Petroleum and several Indian financial institutions such as the LIC, SBI, Bombay Stock Exchange, the Reserve Bank of India, the National Stock Exchange and the Mumbai Mint etc.
Since the public procurement on GeM portal is increasing at a very fast pace, registering on GeM portal and supplying through GeM portal has become a necessity for many organizations be it MSME company or a trader or a private limited company. TendersOnTime helps its client in winning direct orders and making their offer presentable to the supplier community. Accordingly TendersOnTime is receiving tremendous response and becoming the preferred vendor for availing GeM related services.
Apart from home to around 50 Billionaires and more than 47000 Millionaires, Mumbai contributes to about 6.5% to India's GDP, one third of direct tax collection (Income Tax), 60% of customs duty collection, 40% of foreign trade and 100 of stock market assets standing at whopping INR 1,60,000 Crores.
While participating in tendering process on GeM, Mumbai suppliers need to take few precaution. Here also, TendersOnTime helps micro and small enterprises from Mumbai by way of providing GeM related consultancy services, which includes but not limited to:
Mumbai suppliers new to GeM portal facing difficulties at various levels can count on TendersOnTime's award winning GeM related services like:
Selling through GeM portal can brings immense advantages to Mumbai based companies, including in raising their top and bottom lines. Below are some of the advantages which Mumbai based contactors and suppliers can avail while supplying through GeM portal:
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Mumbai suppliers can completely outsource their GeM related work in the capable hand of TendersOnTime's GeM experts. This will not only release some of the bandwidth from their organization but will also help them in concentrating more on their core activities.
TendersOnTime's GeM experts are well versed with all the functionalities and process of GeM portal and thus can take complete charge of providing top notch GeM related services. There are few exclusive features of GeM Portal, which Mumbai suppliers must know:
1. In order to bring transparency in the procurement function, GeM has provided provision wherein a disqualified bidder can challenge its bid rejection. The bid can't proceed further unless and until the purchasing authority reply to the challenge/concern raised by the bidder. Furthermore the process of procurement is faceless and transparent in which seller’s identity is not reviled till opening of L1.
2. Availability of a wide variety of procurement methods like: Push Button Procurement (up to maximum Rs. 5 Lacs), Direct Procurement, Lowest price offer and Bid/Reverse auction.
3. First government owned procurement portal which has processed around 1.5 Crores orders amounting to approximately Rupees 375,000 Crores.
4. Products and services 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 advance analytics for the decision support system and fraud and anomaly detection.
Though, the process of registration and product/service offering on GeM is complete online and free of cost; many a time suppliers and bidders from Mumbai find it difficult to successfully register and participate in the bidding process. This is where TendersOnTime offer value addition at a fraction of cost.
Further, TendersOnTime encourages start-ups, women owned businesses and MSMEs to register on GeM portal and participate in bids and get preferences as per the prevalent procurement policies/rules.
GeM Consultancy Services in Different Locations:
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