Research,Essential,Requirement business, insurance Research - An Essential Requirement For Successful Tendering
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Organizing your researchResearch is an essential requirement for successful tendering. It is suggested that you should: Acquire a working knowledge of the government purchasing policies and procedures. Learn how the system works and use the knowledge to your advantage. Learn to use the internet effectively. Increasingly this will be where market information and future opportunities will be found. Find out the evaluation criteria. This information should be detailed in the tender document. Where it is not provided, contact the concerned purchase officer. Attend any tender briefing sessions arranged for the tender, and forward any questions you have to the tender contract, in writing, before the session. This is usually the best opportunity to ask questions and receive the information. For larger tenders it may help to prepare a tender bid strategy with an analysis of the prospects of winning the bid, your competition and the resources required to implement the project. Determine at an early stage if you can provide a competitive solution.Reading the Project Brief/SpecificationWhen you receive the project briefs/specifications, highlight the important information, and plan your response keeping in view the following important points.Important Considerations during PlanningClosing date and timeSubmission detailsContact for enquiryNumber of copies required Declarations/Attachments, etc.Sample requiredSpecific information to be providedPricing basisProposed budgetStatement of ComplianceContract periodEvaluation criteriaProject outcomesCopyright requirements (if applicable)Quality assurance requirementsProgress reports requiredAdditional responsibilitiesAlways read the specification/documentation thoroughly and completely. Important information sometimes appears towards the end of the documentation. If you are not sure of any points, seek clarification by the Purchase Officer.There are many on line tender information providing websites like www.tenderserviceonline.com .You can also visit this site for latest tender news and articles. So you can plan your response to tender invitation today and get lots of business possibilities in government sector. Article Tags: Essential Requirement, Successful Tendering
Research,Essential,Requirement