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Understanding public/private procurement policies as well as tendering processes.
Open tenders have no allocated minimum expenditure amount whereas the maximum is determined by the budget allocated for the particular procurement.
Common Tendering Mistakes, Scale, ·
Renewable business documents tend to be tricky to keep track of and, at times, bidders tend to discover they are using expired tender documents too late in the tendering process.
Business, Procurement, ·
To DO or NOT to do? Here’s a list of some of the important things that you, as a tendering entity, needs to be cognizant of as you engage in public tendering.
Procurement, ·
AGPO gives MSMEs an opportunity to do tenders with government. This means there is a need to learn new common procurement words and phrases that are being used.
Business, Procurement, ·
Despite the considerable impact that public procurement has on the country’s GDP, many SMEs and entrepreneurs struggle to understand the foundation of how this sector actually works.
Business, Procurement, ·
The first question you need to ask yourself before starting to bid for government tenders in Kenya is, “Am I legally eligible to bid for tenders?”
Common Tendering Mistakes, Scale, ·
Can you imagine losing a tender worth millions just because you didn’t stamp or sign the tender documents as requested in the mandatory requirements?
Business, Procurement, ·
Bid securities should be from a reputable bank, insurance company (approved by PPRA) or in the form of cash or letter of credit. Here is the latest list of all approved tender/bid security providers as provided by PPRA.
Procurement, ·
If you use the MPI as your guide while tendering for supply of goods, you are less likely to under-price yourself to a loss neither will you overprice yourself out of the tender.
Common Tendering Mistakes, Scale, ·
Every tender specifies the mandatory, technical as well as financial documents that you are required to submit in order to qualify to win. Section 79 of the Public Procurement and Asset Disposal Act defines this as “Responsiveness of tenders.”