Understanding public/private procurement policies as well as tendering processes.
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.
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.
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.
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.
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?”
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?
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.
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.
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.
2019 was a difficult year for most businesses in Kenya. Doing business has always been difficult and especially so for SMEs… As we begin 2020, we have been hard at work building a solution that will be integral to your success this year.
All seasoned entrepreneurs understand that it takes a mix of experience, research and, at many times, outright gut feeling to know whether the cost you have put in your bid proposal gives you the best chance of winning the job.
Over KSh 300B worth of GoK tenders set aside every year for AGPO, here how to starting participating for a share of these funds.
As a Kenyan entrepreneur, you now have the ability to start tipping this balance in your favor by using technology to fully streamline your entire tender management and response preparation process.
Public procurement entities require transparency, accountability, accessibility, and fairness but let’s face it, we know achieving all of this through a manual process is an uphill task.
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