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Launch of Purchase Requisition for enhancement of L1 Procurement Process

Buyers and Sellers are hereby notified that, GeM will be introducing Purchase Requisition, an enhanced L1 procurement facility, for enabling Buyer(s) to source their procurement needs between Rs 25,000 to Rs 5, 00,000. 

As part of this change, Buyer(s) will be able to create a Purchase Requisition using the lowest priced product and request further reduction of prices offered by the Sellers. This may enable the Buyer to ensure that the procurement is done at a further reduced price thereby resulting in further savings for the Government.   

Sellers of such product will also have an opportunity to offer competitive price within a period of 2 calendar days from the time such Purchase Requisition is published by the Buyer, thereby increasing their chances of winning the order and enhancing their business with the Government. 

This facility will be enabled for selected categories initially and all categories subsequently. 

Team GeM