Procurement News | Procurement Contracts - Tendersinfo - PowerPoint PPT Presentation

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Procurement News | Procurement Contracts - Tendersinfo

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TendersInfo as their preferred source to receive business opportunities from the entire globe. Stay tuned for public tenders online, tenders on various sectors, government tenders, Procurement news etc. – PowerPoint PPT presentation

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Title: Procurement News | Procurement Contracts - Tendersinfo


1
Procurement Contracts News
2
Dividing the Procurement Contracts
  • Part procurements have various effects on
    participation and probability to win depending on
    the number of contracts in the procurement.
    Dividing the procurement into many contracts
    (more than 10) significantly increases
    participation by micro and small firms, whereas
    dividing it into a few contracts (2-4), has a
    negative effect on participation from both small,
    medium.-sized and large firms.
  • Looking at their respective probability to win,
    many part contracts increase small and micro
    firms chances, while having a few contracts only
    increases micro firms probability to win compared
    to large firms.

3
lack of understanding of the procurement
process
  • lack of understanding of the procurement
    process can undermine the quality of bids
    Poor bids show a lack of understanding of the
    procurement process. As such, it is recommended
    that you invest in putting together a dedicated
    team with the right skills and time available to
    understand how the process works. This will
    enable you (as far as resources allow) to
    maximise your chances of being successful.

4
Understanding the culture of the Public
Sector
  • understanding the culture of the public
    sector is also a must. For example,
    expect that the process might be painful
    and not altogether transparent. Although in
    many cases, a better outcome for both procurer
    and supplier might be found through open
    discussion.

5
E-procurement - Pros Cons
  • E-procurement is the future, but till the time,
    tendering will remain a complex and tedious
    procedure. It is purely on the basis of merit,
    and the SME with positive background with the
    intent to deliver the best of goods and services
    on time with the lowest bid, wins the tender.
  • The better the SME will reflect on its planning
    and the way to fulfil the project with innovation
    and expertise, the greater would be its chances
    of getting through the process.
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