TENDER BUSINESS TIP
Hi, It is quite a while I have created this page for tender and Bid without any publication. This is attributed to the busy schedule for survival.
Anyway, I am back to give you time - to -time update on what to do on how to participate in the tender business and position you in a chance to win.
Interestingly, billions of Naira contract award are being shared and won by the different participants in the business every month through Invitation to Tender (ITT), Request for Quotation RFQ), and so on. The tenderers are mostly government agencies and multinational NGOs of different specialized missions.
To let you know small companies are winning it. Therefore, you can tap in.
Both governental and private organizations put out endless lists of goods and services which they require interested and qualified companies or business ventures to pick up and quote for them with a given time for submission. If you are a supplier of goods and services, here is an opportunity to boost your income. But mind your business entity must be registered and incorporated with CAC and meet some outlined requirements before you can have the chance to participate and benefit.
In my next post, I shall give you information on the requirements mostly being requested by tenderers.
.... Rahmon Gbadamosi
I like your open analysis of the scene of tendering. It is encouraging to see support for small businesses to enter this field. It's a mistake that has to be corrected the idea that only big businesses or those with insider contacts may get contracts. As your essay emphasises, smaller companies really have a chance to flourish with the correct paperwork and following of stated standards.
ReplyDeleteEspecially important is your underlining of the need of registration and incorporation with the Corporate Affairs Commission (CAC). This fundamental stage not only gives a company legitimacy but also creates several chances in the government and non-governmental spheres. If you're interested in learning more about tendering, we invite you to visit this page where you'll find a wealth of resources, including articles, guides, and case studies.