What is tendering?

 

Tendering can be best explained using the law of supply and demand. A need arises for work to be performed, goods to be supplied, a service or a product to be delivered.

 

The lack of skills and resources in many organisations requires that such expertise is outsourced to companies that are specialists and have proven track records on the delivery of such service or product.

 

A tender document, a Request for Proposal, Request For Quotation, Expression of Interest is then prepared, with the relevant requirements, to which specialist companies can respond in the form of a Bid Proposal.

 

Tender requirements vary, depending on the service or goods required. Each tender specifies the commercial, financial or technical requirements that tenderers must adhere to in order to comply and increase their chances of an award.

 

Various tender portals, including government and private sector tenders, have made it easy for companies and individuals to have access to thousands of tenders nationally. The tendering business is a growing business in South Africa that promotes socio-economic transformation.

 

However, many emerging companies aren’t well informed of the do’s and don’ts of tendering. Using limited resources to submit tenders that don’t stand a chance past administrative compliance. We are here to help.

 

Our service is designed to ensure total compliance, punctual submission and a high success rate.