Why use a Bid Management Company?
1 February 2023

Why use a Bid Management Company?

What does a Bid Management Company do? They offer support with the often-complicated Public Sector tendering and contracts and process, from writing tender responses to managing the bid plan and process for its clients and customers.

What you need to know:

It’s important to ensure the tendering process runs smoothly with good Bid Management. It can be daunting and often off-putting to bid on a tender. In some cases, it can be Overwhelming and complex, with different tasks and questions at different stages of the tender process.

Because of this its common to make mistakes, miss out key details and make it harder to win. Bid Management companies are there to guide you through the process, increasing the opportunity to win and not fail at responding to a tender.

What are the benefits of a Bid Management Company?

Why work with a Bid Management company? 

Increase your Winning Opportunity and Grow Your Business
Suppliers bid on tenders to win contracts not lose opportunities; You’ll need to have a winning bid response. Not every supplier has the time, resources or skill set to do this in-house.

Learn from Experience – Great Tenders win Great Business
Most Bid Companies have years of experience in reading or evaluating tender responses. They will know what a good bid looks like and the pitfalls of poor response. They will help to put your tender response in the best possible way. 

Manage the tendering process 
Though efforts are made to make it easy for suppliers, to the unexperienced, the Public Sector tendering process can be complex and overwhelming for inexperienced suppliers. Seeking support takes the effort and stress away. 

Why do many businesses turn to Bid Management Companies?  It’s because they can support you by:

  • Assessing tender documents, getting to the core requirements.

  • Response Planning. Planning internal deadlines, such as deadlines for drafts, reviews and final response.

  • Writing a winning response by acting as the external evaluator. Have you understood and answered the question effectively?

  • Submitting the bid on your behalf.

  • Save you time and money as well as increasing your turnover and business growth.

It’s likely that everyone in your company is busy and may not have enough time or resource to manage a tender bid effectively. Or you or your employees and colleagues may not have all the necessary skills and experience to produce a winning bid or manage a bid process. 

Learning how to do Bid Management costs time and effort and takes staff away from their day job. However, using a bid management company will lighten the load whilst work gets done.

How can ebida help?

Evaluate your Selection Questionnaires
One of our experienced Bid and Procurement Professionals can evaluate your Supplier Selection Questionnaire, offer advice and guidance and support you in passing the first stage of tendering, Supplier Selection Qualification.

Review Your Bid
We can give your tender response a review before you submit it. Our Bid Writing Team will analyse your response, look to see if you have answered the questions, you’ve been asked and not the question you want to ask! Informing you of any errors and opportunities for improvement before submitting your bid

Help you to be “Bid Fit”  
Our team will help create professional company branded policies, procedures company branding, or we will review your existing policies to ensure that nothing is missed, offering advice and guidance to improve your content.

Support you to Bid Win
ebida can help those companies that tendered before but didn’t win or see results. Our Professionals will assess your previous responses and work with you to develop content that will help you win.

 

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