letter from company, acknowledging and accepting all terms and conditions of Bid, assuring compliance, integrity, timely delivery, and commitment to the procurement process and contract.
The government can blacklist companies for unethical behavior, but must do so fairly, giving them a chance to respond. Decisions must follow principles of fairness and can be reviewed by courts to ensure they’re not arbitrary or unjust
GeM 4.0 has transformed government procurement, reaching Rs 1 lakh crore in annual procurement value, targeting Rs 30,000 crore for defense projects, and prioritizing MSMEs and transparency.
Buy on GeM for a contactless, paperless experience with a wide array of vendors and products, streamlined decision-making, buyer-vendor support schemes, and innovative technology ensuring high-quality goods and quick delivery