Tracker Intelligence

FEBRUARY 28, 2024

Competitive Bidding in Construction: An Overview In the construction industry, competitive bidding is an aspect of procurement where several interested contractors submit offers to win a project based on predefined tender documents. Basically, the tender is the RFP while the bid is the proposal.

Tender 52

Tender Bidding Bidder Competitive Bidding 52

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SEPTEMBER 10, 2024

Learn the ins and outs of maintaining compliance, crafting a competitive bid, and positioning your business for growth through federal opportunities, all through the lens of SAM’s pivotal role in government procurement. To thrive in federal contracting, having an active registration on SAM is non-negotiable.

Government Contracts 52

Government Contracts Government Government Contract 52

The Procurement School

APRIL 17, 2023

Everybody knew that a competitive bid would be issued to the usual suspects and that was the best way to determine value. The 2nd right answer: negotiate with the VP to run cycle counts concurrent with a commitment to doing a physical inventory count for the last time. The status quo rules.

Procurement 52

Procurement Inventory Competitive Bidding Influencing 52

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SEPTEMBER 3, 2024

Having multiple suppliers to choose from allows a procurement team to leverage competitive bidding, ensuring the best value for the organization. In such cases, the competitive bidding requirement is not applicable. It is typically employed to save time and resources by avoiding a competitive bidding process.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

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JUNE 11, 2024

In a firm-fixed-price contract, the contractor completes the project requirements at a negotiated price, which does not change, and the contractor bears full responsibility for profit or loss. In these contracts, the profit varies and is adjusted based on the contractor’s performance and the final negotiated fee.

Government 52

Government Government Contract Price 52

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AUGUST 27, 2024

Even partnerships and LLCs negotiating federal contracts are barred from making political contributions and expenditures. Complying with federal bid submission regulations includes not making contributions to political parties or candidates during specific times in the contracting process.

Government 52

Government Government Bidding Government Contracts 52

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FEBRUARY 25, 2025

Showcasing your track record reassures government buyers of your capability and reliability, making your proposal more persuasive and competitive. Navigating the Bidding Process Understanding the competitive bidding process is crucial for securing government contracts.

Government Contracts 52

Government Contracts Bidding Government Government 52

The Procurement School

FEBRUARY 25, 2025

Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. What type of payment method should be used? Supplier performance had never been measured.

Consulting 52

Consulting Competitive Bidding Inventory Public Procurement 52

The Procurement School

JANUARY 20, 2025

Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. What type of payment method should be used? Supplier performance had never been measured.

Negotiation 52

Negotiation Contract Management Management Contract 52