SMEs

How Has Tendering Changed Following Brexit?

Back in 2016, the UK voted to leave the European Union. Over the following years, businesses have dealt with a great deal of uncertainty about how they will be able to operate once the country finally leaves the EU. Throw in a global pandemic and it is safe to say that the need to have …

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How to improve productivity in your team in 5 simple steps

Productivity in a working environment is key to ensuring excellent results and continuous improvement and effective output. All people in management and leadership positions need to be on the lookout for ways to improve and develop the productivity in the teams they lead and manage. This is a key way to make your team stand …

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The Importance of Social Value in Tendering

Social value is an important aspect of modern tendering and bid-writing. It is essential that you and your business are capable of responding to the questions related to the social value that may and will occur as part of a bidding process. It is also key that you are able to understand and evidence how …

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Why Outsourcing Bid-Writing can be the Best Business move you’ll ever make

Bid-writing can be one of the most time-consuming activities a business has to complete in order to expand, win lucrative tenders, and make serious income. Bid-writing is the process of completing PQQs (find out more about PQQs here) and bids to tender which need to include a variety of information. Tendering can be confusing and …

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What Types of Business Use Tendering the Most?

Contents: Public Sector The NHS Education Local Councils Government Agencies Other Public Sector Businesses Private Sector Tendering is a common way for businesses to procure goods and services from outside contractors, and it is a very common practice for many businesses. It is most often used by public sector businesses, think schools, the NHS, local …

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5 Ways to Grow Business Profit

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. …

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What is a PQQ and an ITT?

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 …

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The 3 Main Types of Tender Explained

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 …

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MEAT: Most Economically Advantageous Tender

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 …

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