So, you’ve found a tender that you’re interested in, gone to the tender notice, and you’ve downloaded the tender documents. The next step of the tender preparation process is to start to read through the documents, to understand what the purchaser wants to see from your response.
Generally speaking, writing winning tenders begins with finding the tender opportunities that best suit your business. While it is, of course, possible to get results from an approach of “let’s try for everything”, being more selective and targeted is likely to improve your chance of success on any given tender submission and deliver a much better return on investment.
As in any walk of life, when it comes to tender writing, tender preparation is key. Regardless of if you’re an experienced tenderer, or you’re looking to break into tendering for the first time, there are various considerations you should keep in mind when preparing tender document.
In simple terms, a tender is a job application, except that it’s businesses that are applying, rather than individuals.
Purchasers (state and federal government departments, local councils, or even some companies) will issue a request for tender, or RFT, when they’re looking for suppliers of a product or service that they need.