The Procurement ClassRoom

NOVEMBER 16, 2024

Yet, these terms—such as Request for Quotations (RFQ), Request for Proposals (RFP), Request for Expressions of Interest (REOI), and Invitation for Bids (IFB)—are technically indicative of distinct concepts. The level of competition in the market can also influence the choice of procurement method.

Procurement 105

Procurement Competitive Bidding Bidding Supplier 105

Select GCR

DECEMBER 3, 2024

Want to bid on government jobs? This guide explains each step, from finding opportunities and registering in SAM, to crafting a strong bid and increasing your chances of winning contracts. Why Bid on Government Jobs? Not bidding on government jobs means missing out on a major avenue for new customers and revenue.

Bidding 52

Bidding Government Government Buyers 52

Select GCR

DECEMBER 10, 2024

Economic conditions, regulatory requirements, and organizational performance metrics are key factors influencing government purchasing decisions. This approach can more effectively influence their purchasing decisions and improve your chances of securing a government contract.

Government 52

Government Government Buyers Government Contracts 52

Federal News Network

DECEMBER 20, 2023

It used a slightly unconventional approach to evaluating bidders. And we should also point out that the dark horse initially winning bidder was slightly higher priced than secure offense, not a whole lot more, but half a million dollars or so. But then, of course, you’ve already made your bid.

Bidder 79

Bidder Price Sustainability Evaluation 79

Bonfire

NOVEMBER 25, 2021

Opportunities in a bidding portal are hidden behind a paywall and vendors are required to pay a fee to submit their bid. In some cases, they even have to pay to view the opportunity and bid documents. Paywalls can shrink your bidder pool. Having ownership gives you more control over the platform.

Eprocurement 52

Eprocurement Bidder Bidding Influencing 52

Open Contracting Partnership

JULY 31, 2023

Their process wasn’t friendly to new vendors, leading to low levels of competition and bidder diversity, and they didn’t have good data to inform further improvements. Current, closed, and awarded bids can now be found online, increasing transparency throughout the process.

Procurement 52

Procurement Sustainability IT E-procurement 52

Tracker Intelligence

FEBRUARY 22, 2025

Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. The best bid is not always the cheapestit is the one offering the highest overall benefit considering durability, innovation, and economic impact.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52