Why use an External Bid Review?
8 August 2023

Why use an External Bid Review?

If you're preparing a bid for a new project or contract, you might be debating whether to use an outside bid management company. While it may be tempting to handle the bid process in-house, working with an external bid management company can help you improve the quality of your response and increase your chances of winning the bid.

 

One of the primary advantages of using an outside bid management company is that they bring a new perspective to the process. They have most likely worked with a wide range of clients and seen a wide range of bid responses, giving them a unique perspective on what works and what doesn't. This is especially useful if you work in a highly competitive industry and need to stand out from the crowd.

 

An external bid management company, in addition to providing a fresh perspective, has the expertise and experience to identify areas of improvement in your bid. They have most likely been trained in bid writing best practises and can assist you in creating a more compelling and effective bid.

 

Using an outside bid management company can also help to reduce the risk of bid errors or omissions. They can assist you in ensuring that you've covered all of your bases and that your bid is complete and accurate. This is especially important because even minor errors or omissions can be costly and lead to your bid being disqualified.

 

Overall, working with a bid management firm can help you improve the quality of your bid response and increase your chances of winning the contract. They bring a new perspective, expertise, and experience to the process, as well as risk reduction, allowing you to focus on other priorities while confidently submitting a high-quality bid.