Exemption of Earnest Money Procurement through GeM
Government of West Bengal
Finance Department
Audit Branch, Group T (E. File – 487694)
Memo No. 375-F(Y) Date 30th January, 2023
Memorandum
Sub: Exemption of EMD in procurement through GeM.
The Finance Department, Government of West Bengal vide memo No. 3876-F(Y) Dated 14th June 2018 has introduced the procurement of goods and services through GeM (Government-e-Market Place).
At present, certain entities like MSE Units, labour Cooperative Society are being exempted from Earnest Money Deposit (EMD) while participating in Tender including procurement through GeM vide Finance Department memo. No. 4245-F(Y) Dated 28.05.2013 and 6718-F(Y) Dated 08.09.2015.
As per guideline of GeM, wide range of categories of Sellers are exempted from furnishing EMD.
In order to get more participants and obtain better competition in procurement through GeM, it is decided to include following categories of sellers/ service providers, in addition to our existing provisions, for exemption of EMD deposit in GeM:
i. All registered Micro and Small Enterprises being manufacturer of the Primary Product Category or Service Provider of the Primary Service Category, whose credentials are validated online through Udyam/ NSIC (National Small Industries Corporation) database/ DIC (District Industries Corporation) database.
ii. Sellers of Primary Products/ Primary Services having their credentials verified through the Vendor Assessment process in GeM.
iii. Sellers/ Service Provider having annual turnover of Rs 500 Crore or above.
iv. Sellers/ Service Providers of Primary Product Categories having BIS (Bureau of Indian Standards) certification.
Procuring Authority shall ensure uploading of necessary registration certificate by the vendor before providing exemption.
Sd/- Manoj Pant, IAS
Additional Chief Secretary to the
Government of West Bengal