Preferential Purchase Incentives for Micro and Small Enterprises Scheme
in Goa
Last updated:
Preferential Purchase Incentives for Micro and Small Enterprises Scheme in Goa
Preferential Purchase Incentives for Micro and Small Enterprises Scheme is a government scheme available to eligible residents of Goa.
Apply for Preferential Purchase Incentives for Micro and Small Enterprises Scheme in Goa
Scheme Overview
"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.
Eligibility Criteria
- 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.
Benefits
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.
In case of more than one Micro or Small Enterprises falling within the range, the lowest one shall be preferred.
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.
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.
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.
The tender documents shall be supplied to Micro and Small Enterprises at the rate of a maximum of ₹200.
Earnest money shall be required to be deposited and the same shall be a maximum of ₹500.
No other security deposit is required.
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.
Required Documents
| # | Document |
|---|---|
| 1 | Permanent Registration or Acknowledgment with Entrepreneurs Memorandum II from the Directorate of Industries, Trade and Commerce. |
| 2 | Proof of Turnover (Not exceeding ₹6,00,00,000 per annum for the last preceding 3 financial years). |
How to Apply in Goa
Step 1: Tender Participation
Offline 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
Offline 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
Offline 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.
Common questions in Goa
Who can apply for Preferential Purchase Incentives for Micro and Small Enterprises Scheme in Goa?
Eligible residents of Goa who meet the scheme’s overall criteria can apply for Preferential Purchase Incentives for Micro and Small Enterprises Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for Preferential Purchase Incentives for Micro and Small Enterprises Scheme in Goa?
Applicants in Goa typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
If your quoted price falls within 15% of the lowest price quoted by non-micro/small enterprises, you can match their price to win the tender. In cases where multiple micro or small enterprises fall within this range, the one with the lowest quote gets preference.