Thursday 24 January 2019

All You Need To Know About E-Tenders Issued by the Government

For the competition of large scale projects, many government organizations make use of a well-defined tendering process. This includes opening of tenders, their evaluation and ultimately the final selection of a contractor. In several cases, this tendering cycle takes place on a virtual portal as well. With the ever growing awareness about technology and the rapid technological advancements taking place in the country, various government organizations have even developed specialized e-tendering portals to enable prospective bidders to easily take part in the process.
A great number of modern e-tenders are issued in large industrial states like Maharashtra. This state holds the reputation of being the wealthiest in the country by all major economic parameters and many large-scale projects belonging to diverse sectors are developed here every day. It is commonly seen that numerous construction, railway and PWD e-tenders in Maharashtra are issued by the government owing to the superior transparency and overall efficiency of the online tendering system. In this process, any interested contractor can simply log into the relevant online portal developed by the government organization to participate in a tender issued by it.
Most e-tendering portals enable the bidders to:
  • Submit their expression of interest [EOI]
  • Complete and submit their pre-qualification questionnaire [PQQ] 
  • Complete their tender response, and subsequently submit it 
  • Both, receive and ask questions related to their Tender and PQQ
  • Track the progress of their tender response and PQQ
  • Receive notifications if any changes  are made to the tender specifications and the policies related to it
  • Download all the relevant documents related to the tender 
  • Upload vital documents, such as licenses, accreditations, certifications, etc.
As in e-tendering portals, the bidders generally would not be able to submit their response until all the mandatory sections are filled up, this process minimalizes the chances of submitting any non-compliant bid.

Companies interested in bidding for energy, railway or PWD e-tenders in Maharashtra can easily acquire detailed information about them through any renowned website specializing in providing tender details. These websites usually feature accurate and up-to-date information about tenders floating in diverse sectors of the market, including their deadlines and key specifications involved.

Monday 14 January 2019

Few Tips to Write a Winning Tender Response

Tendering is quite a popular bidding system used by both private and public sector enterprises in order to find the ideal contractor or supplier for their projects. Organizations typically make use of the tendering system to invite bids for projects that are extensive in scale, and involve a good sum of investment. Most renowned organizations usually have an extremely well-defined and structured tendering process that they use to govern its opening, assessment, as well as its final selection.

Contractors, suppliers and vendors can easily acquire accurate information about the tenders issued in the domain through any of the best tender sites in India, and subsequently get the opportunity to bid for a lucrative project.

However, owing to the high competition prevalent in the tendering system, it is important that the interested bidders formulate a crisp and impressive tender response in order to increase their chances of securing a contract through this process.

In the modern business landscape, writing a successful tender can be a bit of a tricky task, especially due to the increasing competition levels. As there are multiple companies bidding for the same contract in the tendering system, bidders must try to formulate a tender response that provides them an edge over their competitors.

Subsequent to choosing the ideal tender to bid for through one of the best tender sites in India, bidders can use the tips mentioned below as a guideline in order to create a winning tender response:
  • Read and understand the tender specifications: Bidders should firstly read the tender documents thoroughly, and ensure that they understand all of the specifications and details mentioned there. They should also try and identify the most important elements included in the tender, such as the important deadlines, crucial areas to be addressed in the response, top priorities of the buyer, vital formatting guidelines, and also the method of submitting the response.
  • Follow the templates provided: In most cases, the tender documents include a specific response template design as well, which as to be followed by the bidders as they formulate their responses. This is common especially in the system of e-tendering. The template design includes certain sections that are required to be filled in by the bidders. Each of those sections ideally also has specific file formats and world limits. It is important that the bidders follow all of these formatting guidelines meticulously so as to make sure that the tender review board does not face any inconveniences in evaluating their response.
  • Carefully structure the response: Even though the best tender sites in India provide bidders with the specifications of a tender, the responsibility of structuring a response as per those details lies solely with bidders. It is important that the bidders keep their response well-organized and crisp, rather being more descriptive than needed and beating around the bush.  Their response should majorly focus on the purpose, rationale and central proposition of the bid.
Subsequent to identifying the perfect contract to bid for through the best tender sites in India, bidders can make use of the pointers mentioned above to write a winning response and subsequently augment their chances of ultimately winning the contract.

Sunday 13 January 2019

Government Organizations in India getting Smart Access!

Of late, there has been a significant increase in the use of digital technology in our everyday lives. Whether it is a simple phone call or purchasing your basic grocery, the internet has made its presence felt and so has technology. With this growing influence of technology in our everyday lives, digital cards have become an important aspect of this digital revolution. While the private sector had embraced the use of these smart success cards, the fact that these cards are now being used in government agencies, corporations, and organizations extensively has opened up opportunities for all those companies that are involved with manufacture of these technically advanced security systems – the smart cards.

Related image

How to get your business to work for the government?
Working on any project that involves providing any product or service to a government organization or agency can give your business a great boost in terms of profits as well as in terms of reputation. The fact that you applied for the tender and your proposal got selected makes your business credible and trustworthy in the market and this can spell great success in terms of a lot more increased business opportunities for you. As far as the profits are concerned, government based projects are usually long term, as they are undertaken in a phased approach. This guarantees your company works for a longer period of time and hence, there is more consistency in your returns.

In order to get your business a government deal, there are some basic prerequisites that you need to meet. These requirements are clearly detailed out in government tenders. This is exactly the case with a smart card tender by any government organization, wherein the government body that requires the product releases a tender. If your company meets the pre-requisites and can provide smart card access to the officials as per the requirements by the government body, you need to submit your proposal along with your quote. Based on your qusmaote, price and the service or product description, you stand a chance to win the bid.

With the smart access cards being relatively new in the market, this business domain is not completely penetrated and the few companies that manufacture this product have a good opportunity to serve government organizations and build a trustworthy reputation in the market.