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.
₹200 · monthly
The scheme applies to Micro and Small Scale Enterprises.
The enterprise should have a turnover not exceeding ₹6,00,00,000/- per annum for the preceding 3 financial years.
The enterprise should be permanently registered or acknowledged with Entrepreneurs Memorandum II by the Directorate of Industries, Trade and Commerce.
✦ Required ◦ Optional
Step 1: Tender Participation
Participate in tenders floated by Government Departments, Autonomous Bodies, Corporations, or Semi-Government Departments. Submit the required tender documents, which can be obtained at a maximum cost of ₹200/-.
Step 2: Earnest Money Deposit & Compliance with Quality Standards
Deposit the earnest money, which shall not exceed ₹500, as required by the tender process. Ensure that your enterprise meets the standard of quality as required by the State Government Department.
Step 5: Match the Lowest Tender Price
If your quoted price is within 15% of the lowest quoted price by Non-Micro and Small Enterprises, you may be allowed to match the lowest tender price. In the case of contractual tenders, avail the pro-rata percentage over and above the lowest quotation to qualify for matching the lowest price.
*Ensure that your enterprise receives priority in payment, which should be effected within 60 days from the delivery of goods or completion of tendered work. If payment is delayed, the concerned Department shall be liable to pay an interest at the rate of 0.75% per month.
