1. Increase employee productivity Increasing productivity is key to a successful business. The main reason for this is you will be able to increase efficiency in the workplace and therefore increase your output without having to hire more employees. Fewer employees, producing a higher output reduces variable costs so that you are more profitable per sale. …
1. Make sure you’re eligible for the funding Firstly, you need to make sure you’re eligible to bid. If you’re ineligible it’s a major waste of both time and resources. It is also important to make sure your funder’s aims and objectives align with your own. Then you need to be certain that the size …
What is a PQQ? A PPQ is a pre-qualification questionnaire used by buyers when identifying potential clients. It helps the company understand who can meet the requirements of the contract. The PQQ process removes any suppliers that are unsuitable for the tendering process. The PQQ document focuses on company information, what the company does, and …
What is a Tender? A tender is a process where the public sector (schools and hospitals) and private sector invite bids for large project projects that require raw materials, products, and services. A tender invites other businesses to bid to fulfil the contract. In this blog, I will explain the 3 main types of tenders …
What is MEAT? MEAT was introduced by the European parliament in 2004 as part of the public procurement rules. These are known as the public contract regulations in the UK. MEAT stands for the Most Advantageously Economic Tender. It is what most buyers use during their selection process when deciding on the right supplier for …
What is the definition of a tender? A tender is a process where buyers invite bids for large projects. These projects require raw materials, services, and products so the government invites bids for businesses to prove why they are the best suited for the project. How do they work? The tendering process is fair and …
UK Government R&D Grant Funding Totalled £14.9 Billion in 2021/22. Scientists and researchers will get an extra £250 million grant funding this year to support pioneering research and drive the UK’s ambitions to become a science superpower. As a result, UK scientists will have access to more public funding than ever before. This takes total …
UK Government R&D Grant Funding at the Highest Level in Four Decades Read More »
1. Create added value in your bid writing When bid writing, you need to be able to demonstrate what you will bring to the customer. This is vital in winning the bid as it shows that you can deliver the desired solution. Creating added value is showcasing your businesses strengths such as: Expertise and qualifications …
