Tendering is a lucrative venture for businesses of any size and industry. In particular, small and medium enterprises (SMEs) can benefit from having consistent work and steady cash flow, especially if they bid for longer-term contracts. However, as attractive as this sounds, tendering is a highly competitive space.
Preparing and writing tenders is a collaborative effort. For instance, if you hire our tender writing services, you do not leave our writers on an island by themselves because that is a recipe for disaster. Bidsmith has the most talented writers in Sydney in its pool, and they will work with any client to prepare a compelling proposal to increase their chances of positive reception.
At Bidsmith, we come across our share of construction tenders. In fact, the construction industry is one of the biggest industries we write tenders for, and most of our clients come to us with the same questions. So, in this blog, we aim to answer some of the most frequently asked questions related to construction tenders as well as our tender writing services.
Tendering for new opportunities is challenging at the best of times. It can be tedious work to scour through tender after tender opportunity to find the one that works best for your organisation, then to read through pages upon pages of tender documents and ensure you meet every single requirement then finally to creating the actual proposal itself.
For many companies, winning bids and tenders is the way to get new work and further their name in the industry. Unfortunately, when first starting out, many organisations and entrepreneurs miss out on contracts for very minor reasons such as a missing document, a misunderstood question or simply failing to plan ahead.