Bidding, Tendering and Contract Management

Course Overview

In today's competitive business world, numerous potential activities and administrations are put out to tender. This means that various potential organizations are furnished with the chance to bid for the work. In their bids, they will depict how their organization will take care of business issues, give the administration required services or supply the products. They will likewise need to give competitive cost to this work. The outlining and composing the proposals or tenders, finishing with the competitive value is known as tender management, proposal management or bid management. The program has been intended to give participants the abilities and learning to get ready for winning tenders for the departments and their organization as a whole.

Course Objectives

After completing, the course the participants will be able to:

  • Source opportunities of tender
  • Examine and comprehend the prerequisites of a tender report
  • Form an effective tendering methodology
  • Make successful bid/no bid choice
  • Utilize the lessons gained from the master investigation of tender reports in their sectors
  • Understand the best practice direction, tips and pointers on the best way to compose the document of bid
  • Understand how tenders are assessed
  • Arrange tenders’ introduction
  • Extract greatest incentive from the questioning procedure

Course Content

  • The acquisition environment
  • The market
  • Sources of data
  • Bid/no bid choice process
  • Formulating bid techniques
  • The bid management process
  • Designing, composing and creating the bid record
  • Evaluation criteria
  • De-preparation
  • Presentations as a major aspect of tender entries

Course Methodology

The training is going to be highly interactive combination of lectures, group discussions, questionnaires, individual reflections, role plays, simulations and videos.

Target Audience

Bid and tenders managers, contract managers, project managers, finance and accounts managers, procurement managers, and supply chain managers.

Duration

2 Days (08:30–14:30) with appropriate breaks for tea/refreshments and lunch.

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