Tender Submission and Follow Up
A "tender submission" refers to the act of formally submitting a proposal or bid in response to a tender, which is a request for proposals from a company or organization seeking a service or product; while "follow up" means actively contacting the procuring entity after submitting a tender to inquire about the status of the bid and potentially address any concerns or provide additional information to strengthen your proposal.
Key steps in the tender submission process:
- Procurement of tender documents
- Attending pre-bid meetings
- Understanding the tender requirements: Thoroughly review the tender document to ensure you fully grasp the project scope, evaluation criteria, and submission deadlines.
- Preparing a comprehensive proposal: Craft a detailed response that clearly addresses all aspects of the tender, highlighting your capabilities, experience, and competitive pricing.
- Compiling necessary documents: Gather all required documentation like company profiles, financial statements, relevant certifications, and case studies.
- Quality assurance and review: Carefully proofread your proposal for accuracy and compliance before submission.
- Submitting on time: Ensure your tender is submitted through the designated channel by the specified deadline.
- Attending bid opening
Important aspects of a follow-up process after tender submission:
- Acknowledgement email: Send a brief email confirming receipt of the tender and expressing your interest in the project.
- Targeted communication: Maintain contact with the relevant decision-makers through professional emails or phone calls.
- Addressing concerns: If you receive any queries or clarifications regarding your proposal, promptly respond with detailed explanations.
- Highlighting key strengths: In your follow-up communication, reiterate the unique value proposition of your proposal and how it aligns with the project needs.
- Checking on the evaluation status: Politely inquire about the progress of the tender evaluation process and the anticipated timeline for a decision.
- Express continued interest: Reiterate your commitment to the project and willingness to provide any additional information needed.