Factors Considered During Tendering Evaluation

There are all sorts of tenders that are available everyday from government tenders, private corporate tenders to charity organization tenders. Every tender comes with its unique requirements and the tendering company needs to demonstrate that it can handle the tender by providing all that is required in the tendering documents. However, in spite of the fact that each tender has its specific requirements, there are some basic items that are key for most tenders. These basic considerations are given below;

Price

The price is usually one of the most important determinant of a tender winner. Therefore, you will need to carefully manage your pricing structure if you are to succeed in government tenders. There are various ways that you can structure your tendering pricing structure in order to get it right with the tender price. You can review the prices that were provided in previous tenders or for tenders in other companies but of a similar scope. You can also ensure that your sourcing process ensures that you get cheap resources and therefore, you can have lower prices by extension. However, even while seeking to have low prices, it is important to ensure that your price is within practicality range. You can also get government tenders proposals dismissed because of having excessively low prices.

Presentation and Punctuality

Another important aspect of the tendering process is the presentation of the tender. Ensure that the tender is well presented to impress the reviewers. If you are filing out a tender document, you can print the answers to the form instead of writing with a pen. If you use hand written tendering process, you need to get a person with a clear, nice and legible handwriting. You should also ensure that there are no spelling mistakes in your tender document. If you are attaching any support documentation to the government tender, ensure that the documents are proper.

Professional Competence

Another factor that government tender evaluators and reviewers will check is the professional competence of the tendering company. Most supply tenders and project tenders require a level of professional background with the key staff handling the tender. The profession may be supply chain profession, procurement skills, logistics skills and warehousing skills. For some more specific government tenders, they may require a more specialized skill in the key personnel that will handle the project. In most cases, the tender requirements document will list the skills that the reviewers will be looking out for when shortlisting the companies. Therefore, it is imperative for the company applying for a tender to have the required expertise as per the tender document.

Experience

Besides the professional skills, most government tenders will require a specific minimum years of experience. This is especially the case with the high value tenders or the tenders that require frequent supplies. Therefore, in such cases, you will need to have met the minimum experience requirements to qualify to be shortlisted. Most of the tenders will also ask for references of other government tenders or private company tenders that a business won and handled of similar magnitude. Therefore, if the company tendering has handled a similar project, they increase their chances of winning the tender.

Financial Capability

Another key consideration in most tenders is the financial capability of the tendering company. The tendering team will want to know that the tendering company has the financial capability to handle the project being tendered for. Some tenders will ask for a financial bond to be set aside for the project. Others will ask for bank statements and accounting statements.

Tendering website that provides information about the most updated Government Tenders among other tenders. You can get updates and the best information on tenders by following the links to our website.

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