There are some main steps in tender process that any company interested in participating in a tender should take into account.
Every day thousands of tenders are announced by Governments, funding agencies and private companies all around the world. These tenders can be interested by small, medium, and big companies in any business filed from cleaning services, office supplies and construction projects …
For accessing to such huge information, a website like Biddingsource.com can be very beneficial to any company because you can see all of government tenders and Finding agency tenders in one place.
For preparing a competitive tender, you should take some main steps. Below we describe these steps:
Registering your interest
By viewing a tender related for your business the first thing is that you should view the details of that tender so that you can evaluate it before anything. When you found a tender good for your business you should start studying the documents of tender and register your interest with purchasing agency (Tender Holder) as described in tender documents. For accessing to tenders information you can use the services of Bidding Source website (www.biddingsource.com).
< >Tender Information sessionTenders information sessions are very important to participate before deciding about a tender.
< >Think about your tender response StrategyCalculate the cost of the tender that you want to participate in. How much will it cost to complete tender?Try to gather all information needed for that tender.What you will need to fulfill that contract?Who will be responsible for managing that tender in your company?Preparing a schedule for completing that tender such as managing the workloads etc. Who will be our competitors in that tender and how much is our chance in winning that tenders? What is our plan for winning the tender and managing the contract after winning?Reviewing the similar awarded tenderspurchasing agency (Tender Holder).
Always try to review previously awarded contract by that agency and seek to find such information from awarded contracts: Type of the companies that won the previous tenders from that purchasing agency? Which factors are important for the contracting agency? What you should do and how you should act to match those factors?
< >Fill the required documents exactlyOverview the Payment terms of tenderReview your bid details before submittingBuyer, review and study it carefully and be sure that your bid meets all requirements of tender.
Bidding Source will help your company in getting high quality tenders information for your business all around the world. By using Bidding Source online tenders information, you will not lose any opportunity tailored to your business.
