Bid managers are the unsung heroes of the sales team and the organization. They are the one that drives the organization’s success by using their analytical skills to help the organization build its market place and move towards sustainable business development. As government sector projects lay the path for lucrative business opportunities and long-term growth it does come with a lot of hurdles and fierce competition. Here we have listed out few insights about e tendering business that can help you make the right bid. As government bids follow a definite procurement process it is important fo ..read more

  Putting across a bid proposal is a tricky task and one must make sure that you can differentiate yourself from the competitors in developing an attention-grabbing bid. Government organizations aspire to get the best possible outcome of the procurement so it is in the own interest of the Bid Manager, Suppliers, and Contractors to submit the most accurate and well-informed bid proposal. A very critical part of the bidding process is drafting the bid proposal. It is crucial to invest an ample amount of time in it doing the research about the contracting government organization and what th ..read more

Government contract offers a huge pool of opportunities for both small and large enterprises. Each day federal, state and local agencies release several tenders across regions and sectors. Given its wide variety of reach and the lucrative business opportunities that come along with a government project the competition is certainly fierce and one needs to stand apart from the competition to come out successful. Although, there isn’t any universal template or procedure that applies to every government bid. The weightage and scoring of each tender will be different in the ease case. Here we have ..read more

Government Procurement Professionals aim to achieve the best value for money in the process of procurement of goods and services for the public. A weightage-based criterion helps the procurement team to select the best out of the lot that gives the best value in terms of Cost, Quality, and experience. Most Economically Advantageous Tender (MEAT) is the measure for selecting the best out of the incoming bids based on factors that are related to the subject matter of the contract. It takes into account components like Cost, Quality, and Technicality of various bid proposals while deciding a con ..read more

Expansion of customer base is a priority to every business but more often than none small businesses do not consider the far-spread opportunities that come with Government Procurement. With more transparent laws the opportunities in Government Procurement is not just limited to a handful of large enterprises but it has requirements that even small businesses, SME, or Joint Partner businesses can fulfill. Here we have listed out 10 tips that are suited for businesses of any scale and how they can put them into use to win Government contracts. Competitive Approach Public Procurement provides a ..read more

Ultimate Guide to the Insight of Public Procurement Professionals Public Procurement is a multi-staged activity and requires a thorough understanding of each process to be more successful with the bids. The Procurement Team involves divisions like Procurement Manager, Budget Holder, Management of the contract, and representatives of different sectors. The higher the value of the contract higher is the team size hence it important to understand the metrics based on which a bid is successful. To put things straight the Government Procurement process comprises of four phases which are listed be ..read more

We know that governments across the world spend about a quarter of the GDP on public procurement and it is evident that it plays a crucial role in maintaining equitable distribution and sustainable development across countries. It is a policy instrument that encourages efficient public delivery and promotes the development of countries. Assuming a particularly significant role in the development of countries various donor agencies are pushing towards public procurement to build partnership and collaboration with various governments that create opportunities for Bid Managers, Contractors, and ..read more

The European Union is a political and economic integration of 27 countries to promote growth and establish a unified monetary system. EU advances a transparent market by eliminating hindrances in the movement of goods, services, capital, and labor. The EU seeks to promote the values, objectives, and principles that are in the interest of the citizens of the member states. As public procurement has a direct impact on the member states of the union they must stick to a common principle of sustainable development and balanced growth. Trade policies of the EU include a common market for goods and ..read more

The government has initiated several policies to increase the participation of SMEs in government contracts. With a transparent procurement procedure and value for money policy SMEs can easily tap into various opportunities from government procurement that holds a decent segment of the GDP. The SME sector has tremendous potential in driving the nation towards diversification and innovation while increasing the employment rate. With the number of advantages it holds its high time that SMEs goes in the right direction towards the expansion of their business by taking on government projects. Sev ..read more

Small and Medium Enterprises (SME) take up a significant portion of businesses in various countries and play a vital role in boosting the economic growth of a nation as it functional in creating job opportunities and develop products and services at a lower capital expenditure. Government procurement counts as the biggest source of acquisition in most countries. As development and growth are the significant drivers of government procurement it is pertinent that it offers an opportunity for SMEs to reach the extensive market and move towards feasible development. The Small and Medium Enterpris ..read more