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Article Details

Published Date: 7-04-2014
Author: Executive Compass
Category: Tender Writing & Bid Management
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When preparing to tender for a contract many companies simply wait for the document to be released before doing any work. To get the edge on your competition it is important to prepare as much as possible.

Often companies don’t realise what they can be doing in the interim period between bids, but there are many ways to improve your chances of success.

Tips for Becoming Bid Ready

If you are new to bidding, the first step to becoming bid ready is ensuring your compliance. You can download our Bid Ready Checklist here, which provides a list of the essential requirements for public sector bidding.

For companies who have previously bid for contracts the best place to start is previous submissions and evaluator feedback. This is the best indication of where you are going right or wrong.

Working through the feedback, highlight all the positives and the negatives. Responses with positive feedback can be refined and placed into a bid library to be amended for future submissions.

Answers which received negative feedback should be analysed and a solution found. If any aspect of the bid was non-compliant then serious measures must be taken to ensure future compliance.

Strategic Gap Analysis

A gap analysis will identify weak areas within previous submissions and supporting documentation. The analysis will cover common questions, policies and procedures and supporting documentation, such as CVs or case studies.

Supporting Documentation

A lot of work can be undertaken on supporting documentation before a bid is even released. It is important to ensure that all your policies and procedures are not only fully compliant but look the part.

Professional company-branded documents help you stand out from the competition and gain marks with the evaluators. Putting in the time to create a uniform suite of policies, CVs and case studies drastically increases the chances of success.

Our strategic bid ready service ensures that businesses are not only fully prepared for the next bid, but have learnt valuable lessons from the previous submission. We provide a fully compliant, branded policy suite along with CVs, case studies and model answers, ensuring you are fully equipped to win your next bid.

Contact us today to see how we can help you become bid ready.

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