Tracker Intelligence

FEBRUARY 8, 2024

Winning management consultancy contracts via competitive tender can be lucrative yet challenging. This article provides a comprehensive guide for consultancies on improving their chances of success when bidding for management consulting tenders, whether from government entities, NGOs, or private sector companies.

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Tender Consulting Management Bidding 52

Tracker Intelligence

FEBRUARY 28, 2024

Introduction to Construction Tenders Securing lucrative contracts in the dynamic engineering and construction industry requires an understanding of the tendering process. A formal call for bids on a project, known as a tender, initiates the bidding process among prospective contractors.

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Tender Bidding Bidder Competitive Bidding 52

The Procurement School

APRIL 22, 2024

In the above example success is measured by the bidder meeting the technical specifications, including on time delivery at or below the approved procurement value. If there is a good understanding of the number of potential bidders and their capacity this minimizes the requirement for market analysis.

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Procurement Market Analysis Bidder Public Procurement 52

The Procurement School

MAY 27, 2024

Collective agreements offer some predictability, but lump sum tendered bids often must guess the future and buffer to avoid loss. Large capital projects have multiyear cost models that must accurately estimate labour costs, allow for compounding, and be budgeted accordingly. Bidders add money to bids to avoid potential losses.

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Public Procurement Total Cost of Ownership Budget Collaboration 52