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Cabinet meet to include works contract under Govt e-Marketplace soon

Sahay initiative will enable small businesses on the portal get loans instantly against orders

E-procurement, Gem, government e-marketplace, procurement, tender, online, digital, transaction

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Works contract includes service as well as transfer of goods, such as construction of buildings and roads, as well as setting up of plants, among others

3 min read Last Updated : Jun 16 2021 | 6:10 AM IST

The government is working on a proposal of allowing works contract on the public procurement portal — Government e-Marketplace (GeM). And, a Cabinet approval for this is likely soon.

This initiative, when rolled out, will reduce time, standardise processes and enable seamless execution of contracts, said GeM chief executive officer (CEO) Prashant Kumar.

Works contract includes service as well as transfer of goods, such as construction of buildings and roads, as well as setting up of plants, among others.