The main considerations for a Bid/No Bid decision are: Are you in a position to win? (incumbent and competition) Can you do it? (capability and capacity) Do you want to do it? (attractiveness of the project / service contract aligned to strategic direction)
Defining No-Bid Contracts: A no-bid contract, also known as a sole-source or non-competitive contract, is an agreement between a government agency and a vendor without a formal competitive bidding process.
Key components of a successful bid strategy include a thorough understanding of the client's needs, a clear demonstration of value, and an alignment of the proposal with the client's goals and objectives.
An organization makes a bid when the opportunity aligns with the company's goals and capabilities. They would make a no-bid decision when the opportunity does not meet the criteria.
Competitive Bidding consists of the following processes: advertisement, pre-bid conference, receipt of eligibility documents and bids, eligibility check, opening and examination of bids, evaluation of bids, post-qualification, and award of contract.
Just below the project details, you can place your bid. (1) Enter your bid amount, (2) enter the number of days for delivery, (3) describe your proposal, (4) list milestones or tasks and set a Milestone Payment® for each task, (5) choose an optional upgrade if you wish, and click Place Bid.
Step 1: Find a Project. Find a project you want to bid on. Step 2: Carefully Examine the Bid. Carefully examine and be familiar with the bidding and contract documents, and bidder qualifications. Step 3: Visit the Site. Step 4: Prepare Your Bid. Step 5: Submit Your Bid. Step 6: Award of Contract.