Tuesday, January 21, 2020
Sunday, January 19, 2020
Why should we use an online auction and a bidding system?
It is simple and advantageous, you can purchase from the plenty of things accessible on the web. The advantage of having the bounty of items close by is you can discover the things that flash enthusiasm for you and still draws near your spending limit and offer.
You can look through changed classes, and, at that point, there is the advantage of "classifications", you can plunge legitimately into the item classifications that you are generally keen on, sparing you time and conceivably even cash.
Be that as it may, with such a significant number of the auction sites, finding the reliable one can be a serious errand. For that, I think that its best to take a gander at the audits which recount the genuine story from a client's point of view.
Significant Number of websites for Online auctions in India-
You can look through changed classes, and, at that point, there is the advantage of "classifications", you can plunge legitimately into the item classifications that you are generally keen on, sparing you time and conceivably even cash.
Be that as it may, with such a significant number of the auction sites, finding the reliable one can be a serious errand. For that, I think that its best to take a gander at the audits which recount the genuine story from a client's point of view.
Significant Number of websites for Online auctions in India-
- Online auction
- Online bank auction
- SBI e-auction properties
- NPA Flats in Mumbai
- Online bank auction
- Online bank auction
- Online bank auction
- Online bank auction
- Online bank auction
- Online bank auction
- Online bank auction
- Online bank auction
- Online bank auction
- Online bank auction
Sunday, January 5, 2020
Some important links
Links for Banknilami
Friday, January 3, 2020
5 Reasons Why Bids Fail!
One of the often common questions we are faced with is “why did my bid fail?” Companies bidding for contracts will inevitably encounter failure at some point, but is important to understand the reasons a submission was unsuccessful. Always assuming you have selected an appropriate bid in the first place and priced it competitively, you must then persuade your prospective client that you are a capable organization with the depth of resource, the expertise, the empathy and the solution to meet with their objectives. Let’s have a glance over a few points and make a conclusion:
- Research your potential customer thoroughly-To make your bid more engaging you must demonstrate a clear understanding of the corporate objectives of your company i.e. what is the rationale behind. Show that you have taken the trouble to understand them and mention their goals often. Provide details of how your products or services will help them achieve those aims, no matter in how small a way that might be. By doing this, you will help yourself to observe the first rule which is to be less generic. Have a Lucid Approach rather than a confusing one!
- Follow the Specifications ardently- The specification is your guide to completing the tender and not following it will inevitably result in failure. Make notes and pay attention to specific areas such as word count, font type, layout and style as these often trip companies up. Any aspect which is not adhered to is a potential area the evaluator will use to exclude you. As procurement procedures become more competitive, the contracting authority will look for any reason to narrow down the field, so stick to the specification.
- Have Conclusive Evidence- Each point you make within a submission must be backed up with evidence. You must be able to explain exactly how your services will benefit the contract. Without enough convincing evidence the contracting authority cannot be sure of the quality of your bid and you will likely lose out to a competitor.
- Do not be More Generic- Whilst this may appear to be self-evident, you will be surprised by the number of bids we read that are simple ‘cut and paste’ or template-driven responses. Here the solution is straightforward; stop talking about you and start talking about them. If you mention your own corporate plans more than you do theirs, you are writing a bid that will fail. The more often the reader sees their own name the more they are engaged with the text. Ultimately, the bid is not about you – it is about them.
- Not matching the funder’s priorities- As with the eligibility criteria, a common mistake is that organizations apply indiscriminately to a variety of funders, without first checking that the funder’s priorities match the work they want to be funded. The funder’s priorities are the specific causes and areas of work they wish to fund. For example, two different funders may each fund projects for the benefit of children and young people: one funder prioritizes sports projects whereas the other prioritizes creative arts. If a charity working with children and young people applies to the creative arts funder for a sports project, they will not be successful.
Thursday, January 2, 2020
How to Manage your Bid Process Effectively
Your first glance at a PQQ or tender can often leave you overwhelmed, and wondering “Where do I begin!?” There are, however, a number of steps you can take to manage your bid effectively to ensure it is fully compliant, well written, and gains you the most marks.
You don’t have to bid on every job you come across. Winning jobs your company can’t adequately perform can be just as costly as not winning them. Remember, it is never too late to abandon a bid you are working on. For example, let’s say you have purchased plans, attended the pre-bid meeting, done your takeoffs and started taking subcontractor pricing. Once you start crunching the numbers you realize that your company won’t make a reasonable profit if you were to win the contract.
Having a good understanding of the existing site conditions can eliminate problems down the line should you be awarded a project? Unique site conditions like limited accessibility or a location that would require additional costs on items like transportation, equipment, material storage, and labor could exist. Failing to visit the site would leave you unaware that these conditions exist and that additional costs need to be factored into your bid which would cut into your profitability.
The first step in overcoming a large or particularly daunting tender submission is to split the response into different sections and plan accordingly. These sections can then be delegated to a bid team, or be worked through by you; either way ensures a methodical approach to the bid.
Everyone must be aware of the purpose of the bid and how it fits in with your organization’s strategic goals – is it a “must-win” for your company? Or perhaps you are the incumbent for a contract which is part of your day-to-day business. Making sure that all staff are briefed on the scope and importance of the bid; exactly what their role is, and what is expected of them will make the process much more cohesive.
A well-planned and organized bid should ensure all aspects of your PQQ or tender are compliant. One of the common reasons for failing a bid is due to simply forgetting to include important supporting documents or appendices. It is a simple mistake and one which can easily be avoided by keeping track of all supporting documents
Getting subcontractor pricing can be complicated. You want competitive prices from your subcontractors but you also want some assurance that they can perform the work required. This is true whether it is a subcontractor you are using for the first time or one that you have worked with for years. One solution is to set up a pre-qualification process for subcontractors who wish to work with you. This allows you to have a better understanding of the type of work they are capable of performing by evaluating their quality and performance on past projects.
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