Usually, whenever a small or large scale project becomes available, the NSW government chooses to send it to tender to allow all players an equal and fair opportunity at winning a contract. Not only does it give small and medium-sized businesses a chance at taking a step up the ladder, but it also eliminates any whispers of nepotism and favouritism on the side of the government.
Winning a successful tender can put your company on the map. It’s also a gratifying feeling knowing all your hard work has paid off. Here at Bidsmith, we thrive on that feeling of a successful tender. Putting together a tender is a big effort, usually requiring a team of people to work together to make a complete tender a reality.
Rarely has it made more sense than now to outsource tender preparation for your business. With businesses under competing pressures to cut costs but to win more work, it is increasingly challenging to successfully respond to tenders.
For small and medium businesses who cannot justify full-time bid resources, outsourcing makes perfect sense.
When picking to go down the tender path, there are a few things to keep in mind. First, this is a commitment you make for your business model. Put in the time to brief yourself on the steps required to ensure you achieve optimum success.
If you want to tender for Federal Government work, you may need a satisfactory Statement of Tax Record from the Australian Tax Office as part of the tender writing process.