CIPS L4M3 STUDY MATERIALS Commercial contracting Use these summarized notes and other CIPS L4M3 online resources to help with your studies! CIPS L4M3 REVISION NOTES | Quick guide to TENDER process In procurement situations where you are looking at a lot more variables than just price tenders become a good idea. Such situations will include: …
CIPS L4M3 REVISION NOTES Quick guide to TENDER process Read More »
Are you wondering how to make your tender standout? Am assuming you have realized the benefits of winning a bid or tender and are motivated to make your bid count. Tenders are a viable way of growing your business. The issue is that they tend to be very competitive which is why you truly need …
WHAT ARE BIDS AND TENDERS Bids and Tenders are often used interchangeably for they mean the same thing. A tender or a bid is usually written or submitted in response to an earlier request put out by the buying organization looking for a supplier to provide certain goods or services. Typically, a buying organization will …
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Advantages of tendering make it such that most organizations, as they grow, find the process appealing since it helps with the negotiations and transparency, if done properly. Say your organization needs new laptops, you can send someone to go and shop for such or you can invite suppliers to make you offers regarding such. The …
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Bid rigging is one of those cartel behaviors that benefit a few at the cost of the majority in public sector procurement. Truth is when dealing with public funds any mistake will always be reflected in tax payers money. WHAT IS BID RIGGING? A quick internet search will have you know that Bid rigging is a …
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