Insights into the common mistakes that businesses make during tendering.
These present an independent opinion on your financial statements & helps procuring entities be sure of your business’ financial standing.
Most procuring entities require proof that your business has successfully done similar work either in terms of capacity or of a similar value.
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.
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?
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.”
Serialisation is one of those pesky mandatory requirements in every tender document. But it is also the reason most businesses have lost the opportunity to win tenders.
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