essentials in bid management
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EXECUTIVE C
MPASSGuiding every step
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TABLE OF CONTENTS
Reinforcing The Essentials For Your Bid Management 2
Clinching The Deal With The Help Of Experienced Tender Writers 4
Investing In A Bid Writing Professional 6
Bid Writing The Written Art Of Persuasion 8
Win The Bid for Your Company By Hiring A Bid Writing Specialist 10
How A Bid Writing Service Wins Projects 12
Tender Management: Organised Bids From Beginning To The End 15
Land Potential Contracts With The Pre Qualification Questionnaire 18
Improve Your Bid Success Rate With Tender Training 20
How To Master Bids And Tenders 23
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Reinforcing The Essentials For Your Bid ManagementMany groups nowadays create more
business by taking part in bidding processes
for certain projects. This is obviously a
display of competitiveness, which is a healthy
dynamic for progressing businesses. There
are times when a business has to present
itself aggressively in the bidding environment
but, once that initial effort is over, its highly probable that it will be invited to
tender for the specific contract. The demand can be overwhelming, so its
vital to go about the process practically and wisely.
Sometimes when a business is new to the public sector and it quickly
wants to create a name for itself, it responds to all the tender requests that
come its way, which can be too much work for a starting group to handle.
Consider the manpower first and their abilities, before determining how
many requests can be catered to and which ones have a great chance of
being won. In bid management, these are just some of the essentials thatneed to be reinforced all the time.
The better understanding of the basics allows for a better planning
process. Assigning resources is greatly important, as well as the careful
evaluation of the invitation. All this thorough work is necessary, although
oftentimes the end result can be frustrating. Thats truly the nature of this
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particular industry. Its like making a bid to host the Olympics you have
special structures built, you beautify the place, meet all the demands but in
the end a different country ends up hosting the games.
There are times when you would need to decline certain invitations to
tender and this is still part of smart bid management. There are some
invitations that your group may not be able to accommodate with regards to
time or other specific requirements set. The best thing to do is politely
decline the invitation by stating some of the reasons why your group may
not be compatible with the project but that your group will welcome future
opportunities with the particular client. This way the ties are kept intact.
Going back to knowing your manpower... its
pertinent to evaluate whether your group can
handle the demands and other considerations of
your customer. Saying yes is easy but delivering
can be an altogether different thing. Quality of
work always matters because its a gauge of
whether your group can be trusted to carry out the
project or not. A good bid management plan can
properly meet the demands of the client with careful consideration of the
different required resources, the necessary procedures and, of course, the
time. And if your group in the end wins the bid, having considered these
essentials will allow for an organised continuation of the work.
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Clinching The Deal With The Help OfExperienced Tender Writers
A writer who does not really
have any exposure to business
writing may think that tender writing
doesnt need any specific skill to
write tenders. It can also be
confusing as to why the term tender
is used for this kind of business
writing when tender is perhaps an
inappropriate adjective for this kind
of work. Tender writersare required to be fiercely knowledgeable about allthe factors that will produce a competitive, and hopefully a winning, tender.
Experienced tender writers are expected to know the effective
formula in creating tenders that have a greater chance of winning the bid.
The PQQ, or Pre-Qualification Questionnaire, is always an important phase
in the tender writing process. The PQQ gives possible bidders a chance to
evaluate whether the opportunity is worth taking or not, depending on the
conditions set by the evaluator or contracting authority. A writer who has
the right work attitude will adhere to a strict system that will increase his
chances of winning the bid. Careful compliance to the system prevents
unnecessary errors.
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Given the competitive bidding environment, good quality is always
essential. Taking a chance on a talented yet somewhat less experienced
tender writer can produce favourable results but that will take a lot of
courage. On the other hand, tender writers who already have a full
understanding of the process and have experience of writing winning
submissions. Another advantage would be the fact that highly experienced
and professional tender writers can get the
job done much quicker than someone who is
still trying to familiarise himself with this style
of writing.
There are businesses that outsource
tender writing even though they already have
some really experienced writers in-house,
and there are some who do not really have
their own tender writers within the business. This is a working strategy
because it can increase the chances of winning particular projects where
expertise is more important than experience. Tender writing is always
about competitive quality, not just good quality. Having this competitive
quality may mean additional cost for the group. So establish a winning
attitude for your bid management where nothing but the best would do,
and, in the end, when the bid wins, carrying on with the execution of the
plan will be a whole lot easier.
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Investing In A Bid Writing ProfessionalA good business person is always thinking about quality investment.
Providing employees a good working environment is an investment that a
business owner makes to improve the performance of his employees. A
higher compensation for good work not only provides employees the
validation that they need for their effort, but also a drive to further improve.
Every investment in a business should create positive results.
Hiring a bid writing professional is also an investment. Professional writers
adhere to strict standards which always produce the best results. Bid
writing is much tougher,
though, as comparison is
the core of this trade. Even
the educational background
of this type of writer will be
taken into account because
the conditions are cutthroat.
One quality piece of work may pale in comparison to the work of the
competition. A business that wants a fighting chance to securing a contract
cannot just and would not entrust a momentous task to just anyone.Only a highly experienced bid writing professional can get the job done
quicker and present the required quality of work.
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Bid writing, also known in the UK as tender writing, demands a lot of
important background information to make the bid really effective in getting
the attention of the authority. Aside from that, it has to be considerate of
many aspects that will eventually have to be physically reflected once the
bid is won.
A bid writing professionalmust only stick to what the bidding groupcan commit to deliver; otherwise it will be detrimental to the groups
performance later on. Clients are very particular about the nature of the
bids that they get, whether the bidders were able to stick to their specific
requirements and provide substantiated claims regarding the work that they
could deliver, or not.
The job of a bid writing
professional is that of putting the
client in the best possible light
when being presented to the
authority. A won bid is an
automatic success for business
and not just the financial aspect of it. Winning the bid for an important
project will elevate the status of the business among its contemporaries
and it will gain the recognition of future clients, as well. If its the businesss
desire to have a team of amazing bid writing professionals, invest in the
best teachers who can impart the winning formula to new writers.
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Bid Writing The Written Art Of PersuasionSome may think that bid writing is anything but art. Its too focussed
on presenting information in a strict rigid manner which does not have any
room for creativity. However, this type of writing still requires the knack for
appealing
presentation
otherwise it will
not accomplish
the desired
outcomes.
Bid writing
is technical
writing is a
technical art.
There are many considerations to be mindful of and its imperative that
these considerations are addressed adequately and impressively. Getting
the attention of the evaluator is the main goal because its essentially the
complete validation of the bid writing professionals skills. It may be true
that adequately addressing the specific requirements of the clients has tofollow stringent rules, but clients also appreciate the creative ways that the
bidder writer can come up with to meet these requirements. This gives
them a better vision of how the project will be carried out.
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This is one of the reasons why some companies choose to outsource
bid writing: because invitations to tender can come from a variety of clients.
Its wise to get bid writers who are known to be particularly good in certain
sectors/fields. Doing this increases the possibility of winning the bid
because the bid writer has experience of delivering successful project. He
may also know how to highlight the areas that the client would surely not
notice due to their lack of knowledge surrounding the subject. A quality bid
writer will be able to use this to their advantage.
Putting your best foot
forward is often the clich
associated with bid writing but
the truth of the matter is, it
actually requires 100% effort. A
bid no bid decision is crucial to
decide whether or not to bid,
taking into account the amount of work, time and even money and, surely,
nobody wants to waste these three things. Research for the tendered is not
just through emails or telephone, but most of them require trips to the
clients workplace. There should always be that burning desire to win and
for that to happen, all the factors must be considered. Persuasion is
winning someone over and that is the goal, anything less than the best
does not have a place inbid writing.
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Win The Bid For Your Company By HiringA Bid Writing Specialist
Knowing a how to write really good tender documents is altogether
different from being a bid writing specialist. A specialist is always expected
to be more. He should be able to handle both small-scale projects to get
things rolling for a still-thriving business and the really big ones that will
strengthen their reputation and
earn a lot more money for the
established ones. He has a
thorough knowledge not just
about the different specific
requests of clients but also on
ways of acquiring more
information to better address these requests and conditions in the tender
document. Basically what he is, is a master of the trade.
How badly a company wants a deal will force it to look into the
services of a bid writing specialist. Investing in one can easily be
compensated by a won bid. A company that understands the risks involved
and also the gains will not think twice in hiring the bestbid writing specialistas this instantly gives them an edge in the bidding process. Sometimes,
quality really comes with a price. And this is a universal working thats
greatly apparent in the business world.
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There are some specialists, however, who choose not to get paid
until the bid is won, this normally has greatly to do with their pride and this
is a fair deal; even smaller businesses can already have their own
specialists. Be careful in the selection, though. Its wise to do a thorough
background check because money is not the only element that can be
wasted on this endeavour, but time and the other team members efforts,
as well.
In hiring a bid writing specialist, one must understand that he can be
an overall big help to the company though his main job is to write a winning
tender document to secure the bid for the company. However, his wealth
of experience normally provides him better insight into the conditions of the
project, thus making him a good consultant, as well. He is a key resource in
the careful management of the bid in accordance to the services required
by the clients. He may also
have a good idea of the
possible output of the
competition, thus providing
his bidding team a chance to
really step up their game. Its
a multidimensional role, but
the essence remains that its his business to make sure that the client will
be persuaded to choose his bidding team.
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How A Bid Writing Service Wins ProjectsMy bid failed to comply with the tender request. My proposal was
written last minute and I lost a potentially good project. I think I lost the
tender because my price wasnt as competitive as the other bids. Think of
bid writing as if it were a marriage proposal where blurting out, Hello love,
marry me, will surely result in a soul-crushing no. When a significant
situation presents itself, presentation will almost always influence the
persuasive quality of your proposal. A professional bid writing service thatbrilliantly tackles compliance, positioning, pricing strategy, and persuasion
ensures your bid submission will edge out the competition.
Not Everyone Can WriteBid writing isnt the same as
writing a report or preparing enquiries
of any kind and that is precisely why
many wise companies set up a tender
management system to oversee the
success of a bid. The development of
a bid requires the application of key
skills in terms of clarity of language and selling ability. The approach and
structure to this very particular type of writing has to be systematic and
strategic. An ordinary writer can probably give it a go, but then the results
will more than likely fail to meet the desired result.
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The critical process begins when a formal invite to tender (or
notification to bid) is conveyed publicly or sent out to specific companies.
The document details aspects of the project and what you need to provide
to the procuring organisation. Sifting through the huge document can be
overwhelming for your staff, most of whom may not have the experience
and skill to distinguish valuable information and what it all means.
Commissioning a company with a reputable track record in bids and
tenders will set you on the right path to winning that project.
The RightCompany
A writing
service knows
that low pricing for
projects doesnt
always make the
bid a success. A
bid writing firm will
know how to define the requirements of a tender request and prepare the
critical document for you in a professional manner. Such a service can and
will communicate your bid in a clear and persuasive language, detailing
how your company will achieve the proposed project. A compelling
proposal will also require a particularly striking look to it. The company you
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hire to prepare your bids will have access to graphic designers who will
present your charts, graphs, diagrams, headings in a polished and
attractive manner.
Biddings often
reveal an enormous
amount of sensitive
information. A bid
writing company you
choose should
guarantee
confidentiality
throughout the process, with an agreement signed by both parties.
However, it would be advisable to seek a company that carries a UKAS
certification. This standard certification will tell you that the bid writing
company not only delivers impeccable customer service, but also
guarantees document security measures are fulfilled.
A range of factors can affect the success or failure of your bid. But
there is one critical element in your favour to ensure a positive outcomea
bid writing firm. Organised, skilled, and experienced with the intricacies of
proposals and tenders, such a bid and tenders firm is your ticket to getting
that needed yes.
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Tender Management: Organised Bids FromBeginning To The End
The business sector defines the word tender as a rather delicate
word as an opportunity to bid for services, work, projects, or funding. The
process that begins with sending out tenders and ends in the selection of a
winning bid is referred to astender management (or bid management).What does bid management entail? How does it ensure a successful
outcome for your proposal? Can the system be gentle, loving orsympathetic as well as efficient?
The Story Begins The procuring party and the prospective service, work, or project
provider meet when a call or invitation to tender is sent out. There are two
types of tenders: open tender and
restricted tender. The former is sent
out to all vendors while the latter is
sent only to a short list of companies.
Once the tender is released, your
company, as a competing vendor, willhave to analyse the document for
crucial information such as what you
need to provide and the deadline you
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need to make in order to communicate your proposal.
When you communicate this proposal, it needs to be compelling
enough to stand out from the other
bids. How it becomes so perfectly
exceptional depends on the
language and structure of your
written bid. A bid writing specialist
can create a professional proposal
for you, but then the road to project
acquisition doesnt end with a well-written proposal.
Managing bids and tenders also entails a well-defined structure to
meet the requirements, developing a price that will not just win the bid but
naturally provide ample return to your organisation, managing the staff
tasked to write the proposal, and making the deadline (preferably ahead of
your competitors). Each stage of the process demands efficiency, and due
diligence.
Alls Well That Ends Well
Organising your proposal can be stressful and complicated. It
requires a certain set of skills from the person heading the team. (This may
include applying a gentle, loving or sympathetic approach.) Luckily, you
can outsource bid management. A bid management firm will have the
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experience and expertise required to see your bid proposal through from
beginning to the end, without delays and without the drama. A reputable
firm will also have an electronic system in place to track the development of
your bid, and it will contain key information. This is an added benefit for the
time management aspect of bid management as the client will be able to
see the bid being assembled and written.
When the process starts with a
well-designed structure and you know
that talented people will be applying
such a structure to your bid, a
favorable result is always guaranteed.
A process thats plagued from the
very start (terribly conceptualised
proposal or missed information) can
end very badly (confidential information leaked to a competitor or rejected
bid).
It doesnt matter whether the tender is as minor as a commercial
painting job or as extensive as a multi-million pound government contract
an efficiently managed bid will determine a great outcome. With a bid
management firm providing exceptional writing, pre-qualification
questionnaire service, and overall organisation, your bid will most certainly
conclude with a negotiated contract.
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Land Potential Contracts With The PreQualification Questionnaire
Answering a question youre thoroughly familiar with shouldnt be
rocket science, should it? But it can seem like it is when youve got a major
stake in getting the answer right. How do you make a detailed and
compelling reply to Demonstrate the methods you used to promote waste
reduction? If your company is seeking to land a contract (public or private
sector), youre going to receive a pre qualification questionnaire(PQQ). Intodays financial climate and as the government goes ahead with budget
cuts, the selection process for awarding contracts has become more
meticulous. Hence, the necessity for a PQQ.
Where bids and tenders are
concerned, the PQQ becomes the
gatekeeper. It determines whether your
company is suitable to be included in the list
of service providers. Its an assessment of
your companys technical and financial
capabilities in handling a large-scale project.
Its a guarantee to the contracting company that their project will be
managed and executed effectively. If your company doesnt comply with
the pre-requisites, you dont move on to the next phase of the process,
which is being invited to bid on a project.
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You have an enormous advantage over your competitors if you
commission a professional and experienced consultancy firm that not only
offers a bid writing service but PQQ submissions, as well. Many companies
make the mistake of recycling answers to certain queries in the PQQ.
Certainly the company information and some policies can be provided in a
generic way, but when it comes to questions about resources, costs, and
methodology, these demand tailored and compelling replies. The
contracting company needs to know that you will be able to competently
provide their needs.
The company you commission to complete a PQQ will create a
bespoke response to every question inside the PQQ or Tender document.
It will know how to structure the response in an effective way so the
contracting company immediately finds the information they require. It will
refine your PQQ submissions and make them compelling to ensure you
receive future invitations to tender with a
particular corporation.
Outsourcing your PQQ submission
not only secures you an invitation to tender,
it also allows your staff to focus on their
main roles in the company. Locating and
landing bids consume a lot of time and
resources. Completing the PQQ on time
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illustrates your dedication to
winning the contract, and lets
the contracting party know that
there is a high degree of
competence in your company. So
get a professional company to handle
your PQQ, bid document and
tender management, and land that coveted contract today.
Improve Your Bid Success Rate With Tender TrainingExperience: the most brutal of teachers. But you learn,
my God do you learn.C.S. Lewis
Experience teaches you to do or not do something over the course of
a lifetime. In business, waiting to experience something before you learn
how to do it right might be a precarious way of going about work. This is
why specific training courses are organised in every company to further
develop the skills and knowledge of the employees. A business that invests
in training ensures its bottom line and longevity in the industry its in.
Tender training should be amongst those training courses.
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When your company relies upon the acquisition of contracts or
projects, you might be doing a lot of bid-writing and devoting an enormous
amount of man-hours organising your proposal. You might also be
outsourcing this service to make deadlines and perhaps even win the
contract. Some companies that offer tender management and writing
services also carry out training.
You might find that your bid success rate isnt as substantial as you
think. Granted, youve landed enough contracts to sustain your business
but think of how much better you can increase contract acquisitions just by
investing in your own people. A professional consultancy firm with an
expertise in bids and tenders can turn your employees from tender
reviewers into tender managers.
Your employees will learn to develop their pre-qualification
questionnaire skill and answer,
with impact, difficult tender
questions. They can learn how
to effectively structure a
document and write a proposal
thats both persuasive and
compliant. They will learn to
come up with better ideas and
solutions, which will fuel their energy for work.
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This type of training will also allow you to assess the strengths and
weaknesses of your employees. You can make the most of your team by
assigning them in positions where they can thrive. An energised tender-
trained team working for
you can be an
unstoppable machine with
a focused effort towards
winning bids.
Some firms also
train people how to draft
invitations to tender and how to select the right service providers or bids.
This means that the procuring company will have the expertise in drawing
out the best bids from the lot. They might also have a screening panel with
the right set of skills to recognise a poorly written bid. With staff that had
tender trainingwriting your bids for you, your proposal will have an edgeover all others.
If your business hasnt been getting new projects, if your bids are only
half successful, if you want to develop your employees skills in bid
management and writing, then it only makes sense to undergo a training
course in bid writing. Invest in your business today with tender writing
training.
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How To Master Bids And TendersBusiness development Its a beast of a machine that functions
perfectly when sales and operations are enabled efficiently. Bids andtenders are essential cogs in business development. Knowing how toacquire tenders and win bidding opportunities will bring new projects, which
in turn bring new profit sources.
Any company, whether its a start-up, small to medium enterprise
(SME), or a Fortune 500
corporation, is engaged
in tenders and bids. The
larger ones will naturally
have more invitations to
tender while the start-
ups and SMEs might
have to source leads.
Whatever the case, a degree of competence and skills are required to
ensure a winning completion. Most companies even invest in tendertrainingto ensure successful bids.
When invitations to bid are sent to specific companies, it is not always
wise to bid for every single one. It might seem wise and logical to go after
every bidding opportunity, but choosing to organise a team to handle
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tender management for every tender that comes through the door will be
very costly to the business.
Bidding for public sector tenders differs from private sector ones in
that it demands a level of attention to detail and a considerable amount of
time to accomplish. The pre qualification questionnaire (PQQ) for public
contracts are more comprehensive than ones that come from the private
sector, so a specific set of expertise is required to complete this particular
PQQskills that can be ascertained from a bid management consultancy
firm. An effective bid management team would do well to determine first
whether the tender is appropriate for the company.
To ensure that a company wins a contract or project, the team
handling the tender must have
the ability to plan, manage,
and write compelling
proposals. Bidding is com
petitive, especially in this
financial climate when the
government is making
sweeping budget cuts and
private companies are either
not hiring or even laying
people off. A bid-selection
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committee will naturally be very thorough in choosing the right company for
their projects or required services.
In evaluating the tender document, the team assigned must
determine and target the resources required. They must write a more
compelling bid than the competitors. They must know how to plan and work
within a deadline. They must understand and know how to navigate their
way around the bidding process. There are a lot more fundamental skills
and knowledge to have in mastering the bid and tender process all of
which can be addressed with training.
Whether its
establishing a cafeteria
inside a military base,
providing a regular
cleaning service to a
company or developing a
property, a dedicated,
knowledgeable and skilled
team will ensure a
successful bid. A successful bid means a business has realized its full
potential for gaining a new client and making profits.
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