The G4S debacle we discussed in the last post raised a big issue for bid writers: how to qualify your bid. Is that astonishing £300 million tender opportunity going to turn into a real disaster for your company? Less melodramatically, are your bid writers going to waste weeks of sleepless nights filling out PQQs trying to win a bid you weren’t ever going to win?
Don’t go for every bid
Setting aside an apparent opportunity isn’t the same as wasting one. Trying to win a tender opportunity means putting in an enormous investment in time and energy. Much better to put that effort into a quality proposal than spreading it across dozens of failed prospects.
Before you choose which bids to aim for, read the tender contracts in detail and consider:
- Are you qualified for the bid? Do you have the right accreditation, the right resources, the right documentation to get through the PQQ? More to the point, can you demonstrate that to the procurer?
- Is the bid right for your business? Can you demonstrate prior work for clients in the same sector?
- Do you understand the bid requirements? That unclear pricing structure could really hurt you after the contract is won, as happened to G4S!
- Who is the buyer? Do you have a relationship with them? Will you be able to establish a dialogue with them? Will they ask you to provide five times the number of personnel you were contracted for at the last minute, and do you have contingency plans if they do?
- Who are your competitors? Can your bid writers demonstrate why it is that your company will be a better choice?
Get some sleep!
The answers to those questions aren’t always as obvious as they sound, particularly in tender contracts with long or arcane PQQs. Win that Bid has a lot of experience in helping people to get those winning contracts, but also in avoiding two of the great curses of bid writing: wasting time on failed bids, or winning bids that the company was never suitable for in the first place.