Before you spend hours drafting a tender response, make sure the tender is really right for your business and ensure you've got all the tools you need. This quick guide will help you in deciphering a tender.
You may have questions like:
- How do I know if the tender is suited to my business?
- Should I respond to this tender?
- How do I approach responding to the tender?
There are a lot of tenders posted to our site on a daily basis. You want to make sure you're responding to tenders that will really be of benefit. Download our new guide or read it here:
Six Initial Steps - Tendering 101
You have come across a tender you want to bid for but what's next? Before you start your responses, read these quick tips to ensure you're using your time efficiently.
- Seeking tender opportunities
You’ve been notified of, or sourced a tender through Australian Tenders and have maximised the amount of time to prepare a response.
- Access and scan the tender
Contact the tender issuer and/or download the relevant tender documents. Briefly scan the documentation to determine if it’s a good fit for your business.
- Review the details of the tender
Create a detailed assessment of the tender. For example, does the tender align with your business plan and does your business have the capacity to take on the scope of works?
- Understand the requirements
Given the tender value and importance, determine the likely time and resourcing requirements. For example, is there specialist knowledge, skills, certifications or licenses required to be eligible to win the tender?
- Allocate appropriate resourcing
Who will be managing the tender? Will you need to give that role to someone or hire someone? Further, what accounting, legal and admin resourcing is required?
- Finally, start work on your tender response!
You have gone through the above steps, don't leave it to the last minute get started right now!