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Willingness to pay is a valuation technique which is used to establish someone’s willingness to pay for a particular benefit. Typically, it is a questionnaire-based method whereby the individual is asked to respond to a range of choices thereby determining the maximum they would be willing to pay for something, for example, an improvement in their health.
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View AllPrior to submitting a bid, you should always schedule in adequate time to review your tender and ensure it is reflective of the time, effort and resource required to create the submission.
Bidding for contracts is a time-consuming, complex and competitive process, with many rules and preferences from the authorities governing the evaluation process.
One of the most common quality topics within health and social care tenders is how bidders will deliver person-centred care.