Functionality and Tenders
In all competitive bids (tenders) you as the bidder will have to respond to Functionality. You will need to score a set minimum number of points, measured as a percentage, on Functionality of a competitive bid (tender) in order to advance to the next phase of evaluation in the tender process.
Tenders, B-BBEE and the new Preferential Procurement Regulations 2017
We have previously asked: How important is a good B-BBEE status level of contributor in the tender process?
The answer is still the same: VERY IMPORTANT!
Brand new Preferential Procurement Regulations 2017 for Tenders
The brand new Preferential Procurement Regulations 2017, has been finalized and was gazetted on 20 January 2017. There are some interesting changes and challenges that we will discuss during the coming months. This is the official media release from National Treasury:
When Must I Sub-Contract?
3 Basic Tips to Remember When Responding to a Tender
Do Your Research
According to the Draft Preferential Procurement Regulations, 30% of all Government Contracts above R30 million must be sub-contracted to specific categories of SMME’s. These categories are:
Difference Between a RFI, RFQ and RFP
We are regularly asked, ‘what is the difference between a Request for Information (RFI), Request for Proposal (RFP) and Request for Quote (RFQ)’. Below is an explanation of these three requests.
According to the Government, the differences between RFQ’s, RFI’s and RFP’s are as follows:
4 New Items Added to Designated Sectors
8 Rules When Submitting Your Tender Response
It is clear that people still struggle when it comes to submitting their tender response. So below are eight rules that should always be followed:
10 Principles When Pricing Your Tender
We are often asked how to work out a tender price? But there is no straight answer because every tender is different. The fact is that a tender for the supply of furniture will have a different pricing structure to that of the supply of food for a government function. So to provide individual pricing techniques would be very difficult.