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Current Account - GeM Pool Account

Specialized current account for Government Organizations/Departments for procurement on GeM


Overview

Government e-Marketplace is a one-stop solution for procurement of goods and services required by various co-operative societies/banks, government departments/organisations, PSUs and States/UT’s with the aim to enhance transparency, efficiency and speed in public procurement.
GeM Pool Account (GPA) is a special purpose account opened, operated and controlled by each government agency/department for the purpose of crediting the projected value of the contract/supply order into the account and subsequently making timely payments to suppliers on successful supply of goods and services

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