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I wish to bid by tender for items no previous bidding experience how do i access the best bid.

2006-09-02 03:23:08 · 8 answers · asked by thin mam 1 in Business & Finance Small Business

8 answers

Yes go for it. First you need a copy of the proposed contract from the client. Get a copy and read it. Make sure you understand it properly and give the client a price for doing the work.

Make sure you give your price exactly in the way described in the tender document. This is likely to be in writing as a sealed bid.

The client will not always just choose the lowest bid. Other things could be more important. Talk to the client to find out what is most important. Ask lots of questions.

2006-09-02 03:45:14 · answer #1 · answered by Henry 5 · 0 0

You have to look at the instuctions (or terms) of the tender. Each proper tender call will set out conditions such a method of acceptance, date and time of expiry, ect. These terms are all extremely important as submitting a bid incorrectly causes your offer to become void. I recommend reading the tender call again or if it is not contained there, contact the company.

2006-09-02 03:33:22 · answer #2 · answered by Chloe McIntosh 2 · 0 0

Do you mean assess the best bid?

If you are bidding on anything, you can only consider your own circumstances and not to get involved in a bidding war. If you do get carried away, you could end up paying more than you should.

You need to assess what you are getting out of the items you are bidding for and then assess what you are willing to pay (max) for those items.

Do not start off at your maximum (unless it is a blind one off bid) as it leaves you nowhere to go.

2006-09-02 03:30:00 · answer #3 · answered by Peakey 3 · 0 1

Normally you have to be invited to tender by the client.

Once you have the tender documents, read carefully what you are tendering for and the terms and conditions associated with it.

Price the tender at what you are prepared to complete the works for, bearing in mind that once submitted you are legally obliged to complete the contract at that price.

Once you are satisfied with your figures, simply put the tender in a sealed envelope and return to the client by the date and time specified in the terms and conditions.

Hope this helps.

2006-09-02 23:49:38 · answer #4 · answered by Anonymous · 0 0

if you don't know how bid for a tender then you wouldn't know how to run a business.

2006-09-04 04:00:01 · answer #5 · answered by Anonymous · 0 0

if you really don't know, don't bother. You wouldn't be able to cope if you won it (unlikely)

2006-09-02 03:29:29 · answer #6 · answered by Michael E 4 · 0 0

dunno... now u got me thinking.....

2006-09-02 03:29:27 · answer #7 · answered by Abz 1 · 0 1

i dunno. But you are welcome to submit to me..

2006-09-02 03:26:36 · answer #8 · answered by Mountaineer 3 · 0 2

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