Bidding & Tender
Preparing tenders can help you to win big orders, but it can also be time-consuming, cost money and tie up valuable resources. If you don’t get the contract, the money and time spent is usually lost so carefully weigh up whether or not a tender is worth bidding for. Being trained in the formalities of Bidding & tendering can pay dividends.
Key points to consider before tendering. Can you do this without proper and formal training?
- Get hold of the bid documents and analyse them.
- Make sure you can match the technical, skill and experience requirements.
- How much will it cost to prepare your bid?
- Would the work fit in with your strategy and positioning of your business?
- Estimate the costs of fulfilling the contract and whether or not you’d make enough money to justify it.
- Assess how the contract would affect your other work, staffing and ability to take on other new business.
You also need to consider how important the customer is to your business. Is this a good potential client or one you don’t want to offend by not tendering? Try to understand things from the client’s point of view. Training from XYZ.co.uk can be arranged from over 200 different providers, at locations located all over the country. Please search below our directory of training courses and find the right course for your business.