Advantages and disadvantages of Consortiums
Advantages and disadvantages of Joint Ventures
10 steps in the bid process
Each year, Organs of State invite the Private Sector to submit competitive bids for the supply of goods and services. Organs of State bid requests attract SMME's and large businesses across a wide range of sectors - from office supplies to major construction projects.
Here is an overview of 10 steps you should take to prepare a competitive bid.
7 Disadvantages of Competitive Bidding
The bidding process can be very tedious sometimes. Here are some of the disadvantages of the bidding process.
1. Leading suppliers may not tender
Local content calculation in tenders
3 Sub-contracting rules to be aware of when responding to tenders
How can a start-up business win a tender?
In the tender process, it is essential that an enterprise be knowledgeable of the supply it wants to bid for. In fact, the more knowledge the enterprise has of its supply, the better its odds are of being awarded a tender.
Tender adjudication process
The SBD/WCBD6.1 document must form part of all bids invited. It contains general information and serves as a claim form for preference points for Broad -Based Black Economic Empowerment (B -BBEE) Status Level of Contribution, and explains how tenders or bids are decided.
Basic Tips for Successful Tendering
Once you have identified a tender that you would like to try and win, obtain the tender documents (these are usually downloadable from the relevant website) as quickly as possible and ascertain if \and when there is a compulsory briefing meeting. Some tenders have a compulsory briefing meeting, if you miss this meeting you can be disqualified from competing for the tender.