3 Sub-contracting rules to be aware of when responding to tenders
How can a start-up business win a tender?
In the tender process, it is essential that an enterprise be knowledgeable of the supply it wants to bid for. In fact, the more knowledge the enterprise has of its supply, the better its odds are of being awarded a tender.
Tender adjudication process
The SBD/WCBD6.1 document must form part of all bids invited. It contains general information and serves as a claim form for preference points for Broad -Based Black Economic Empowerment (B -BBEE) Status Level of Contribution, and explains how tenders or bids are decided.
Basic Tips for Successful Tendering
Once you have identified a tender that you would like to try and win, obtain the tender documents (these are usually downloadable from the relevant website) as quickly as possible and ascertain if \and when there is a compulsory briefing meeting. Some tenders have a compulsory briefing meeting, if you miss this meeting you can be disqualified from competing for the tender.
The Central Supplier Database
The Central Supplier Database (CSD) , an initiative of the National Treasury, is a database of organisations, institutions and individuals who wish to provide goods and services to government.
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
Having a good B-BBEE status level is VERY IMPORTANT in the tender process!
Brand new Preferential Procurement Regulations 2017 for Tenders
The brand new Preferential Procurement Regulations 2017, have been finalized and gazetted on 20 January 2017. There are some interesting changes and challenges that we will discuss during the coming months. We start off with the official media release from National Treasury:
When to sub-contract?
There seems to be a lot of confusion amongst entrepreneurs when it comes to tenders and sub-contracting. The Draft Preferential Procurement Regulations, have been gazetted and are currently up for review. However, these Regulations are the major cause for the confusion. Many entrepreneurs ask whether they should sub-contract or not whilst responding to a tender.
3 Basic Tips to Remember When Responding to a Tender
Do Your Research