Preferential Purchase Incentives for Micro and Small Enterprises Scheme
"Preferential Purchase Incentives for Micro and Small Enterprises Scheme" aims to encourage and boost the Micro and Small Scale Enterprise Sector. Benefits such as price matching, reduced tender document costs, and priority in payments are provided to Micro and Small Enterprises.
About This Scheme
Benefits
1. Micro and Small Enterprises shall be allowed to match the lowest tender price floated by non-Small Scale Units provided its quoted price is within 15% of the lowest quoted price floated by Non-Micro and Small Enterprises.
1. In case of more than one Micro or Small Enterprises falling within the range, the lowest one shall be preferred.
1. In case of contractual tenders for installation, commissioning of machinery/items, etc., the preference of quoted price, the pro-rata percentage over and above the lowest quotation shall be granted to the concerned Micro or Small Enterprises for being qualified to match the lowest one.
1. For the purpose of availing benefits under this Scheme, the Micro and Small Enterprises shall be required to match the standard of quality as required by the State Government Department.
1. The Scheme shall be applicable even for the purchase of computer hardware and other electronic items except in cases of purchases of the Education Department.
₹200
1. The tender documents shall be supplied to Micro and Small Enterprises at the rate of a maximum of ₹200.
₹500
1. Earnest money shall be required to be deposited and the same shall be a maximum of ₹500.
1. No other security deposit is required.
1. Priority in payment shall be ensured to Micro and Small Enterprises, and the payment shall be effected by the concerned Department within 60 days from the delivery of goods or completion of tendered work, failing which the Department shall be liable to pay an interest at the rate of 0.75% per month.
Eligibility
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Required Documents
- ✦Permanent Registration or Acknowledgment with Entrepreneurs Memorandum II from the Directorate of Industries, Trade and Commerce.
- ✦Proof of Turnover (Not exceeding ₹6,00,00,000 per annum for the last preceding 3 financial years).
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹500
