Tenders regulations are going to be a central part of any bid writing process. If you produce bids in response to government or institutional Invitation To Tenders (ITT’s) then you are going to be very constrained by tenders regulations.
Governments, charities and institutes, particularly those that use public funds will have the strictest tenders regulations. These must be followed and fully adhered to, as non compliance usually means that the bid will not be evaluated and there will be no award of contract.
These tender regulations are bought in to ensure that everything is fair and seen to be fair as well as ensuring that as many different types of companies can bid as possible. They typically include the following requirements:
All bidders also have to produce the same information in the same format, which makes evaluation much fairer and quicker. Lengthy evaluations can take time and money and these tender regulations keep evaluation costs down.
Most evaluating agencies also have a set method of evaluating and scoring new bids. This also makes bidding much fairer as well as quicker to undertake. Savvy bidders know this and soon learn how to design their bids to take the best advantage of this knowledge.
Whilst you may think that tender regulations are irksome, they actually make writing a bid much fairer, quicker and yes, easier.