If you’re a regular in the business and bid for government tenders quite often, you’d agree how tiring the process sometimes becomes. And with the advent of eProcurement, everything has become paperless leading to a lot of confusion in the traditional bidders. That’s why, it is a good idea to take help from the experts of the game you’re hoping to win, i.e. tender aggregators and intermediaries.
Be it a state-specific tender like Mahatenders (Maharashtra tenders) or an authority-specific one, such as an IREPS tenders (which is a tender published by the Indian Railways e-Procurement System), online tender aggregators like BidAssist can be of great help in every stage, right from searching a tender and all the way to submitting proposal for a selected tender.
But, what is a tender intermediary? Let’s find out:
A tender intermediary is an organisation or service provider that helps businesses and organisations find and bid on public or private tenders. Tender intermediaries typically operate as an online platform or service and provide businesses with access to a range of tender opportunities.
Tender intermediaries often aggregate and consolidate tender notices from various sources, including government agencies, private sector organisations, and non-governmental organisations. They may also provide additional information about tenders, such as bid requirements, evaluation criteria, and contact details for the tendering organisation.
By subscribing to a tender intermediary, businesses can save time and effort by having tenders automatically sent to their email inbox or by being able to access a centralised database of tenders. Tender intermediaries may also provide additional services, such as bid preparation assistance, contract negotiation support, and market intelligence.
Overall, a tender intermediary can be a valuable resource for businesses and organisations looking to bid on tenders, as it can help them identify relevant opportunities and increase their chances of winning contracts.
Now, let’s understand the benefits one can reap from subscribing to a suitable tender intermediary plan in the section below.
As a business, you must be having bidding managers to take care of the bidding process and never miss out on any good opportunities. But they’re only human and it is humanly not possible to keep track of every tender that’s getting published on the internet. That’s why, buying a tender aggregator’s subscription can actually turn into a subscription for many reasons, viz.:
Access to a Wide Range of Tenders
Tender intermediaries typically have access to a large number of tenders from different industries and sectors. By subscribing to a tender intermediary, businesses can easily access and identify relevant tenders that match their skills and experience. Unlike a government portal where there are too many processes to get a specific tender, it is literally a matter of seconds to find a list of any type of tender on the portal. And BidAssist is one such platform. You could be looking for some state-specific tenders such as Mahatenders or a tender by a particular organisation, say IOCL, all you need to do is go to BidAssist, type your keyword and voila! A plethora of active tenders will be presented to you – in a matter of seconds!
Time-Saving
Searching for tenders online can be a time-consuming process. By subscribing to a tender intermediary, businesses can save time and effort by having tenders automatically sent to their email inbox, which helps them stay up-to-date with the latest tenders. In addition to it. If you wish to download tender documents from a government procurement portal, you should have a bidder account after the bidder registration process. To eliminate this bottleneck, web portals now allow bidders to download their preferred tender documents without having to create an account for it. You may need to sign up but that takes less than a minute and all you need is your mobile phone number and submission of OTP for authentication purposes.
Competitive Advantage
Tender intermediaries often provide additional information about tenders, such as the evaluation criteria, scoring methodology, and bid submission process. This information can give businesses a competitive advantage, allowing them to prepare more competitive and compelling proposals.
Improved Visibility
By subscribing to a tender intermediary, businesses can improve their visibility to potential clients and customers. Tender intermediaries often provide a platform for businesses to showcase their capabilities and experience, making it easier for potential clients to identify them as potential bidders for future tenders. This applies in the reverse action as well. Since there are other aggregators in the market too, you have options to choose from and to prevent your subscription from ending, you’ll be given the best benefits along with complementary services as well. So, it is indeed a win-win situation.
Reduced Risk
Tender intermediaries can help businesses reduce their risk when bidding on tenders. They often provide guidance on the tender process, including advice on bid preparation, evaluation, and negotiation. This can help businesses avoid costly mistakes and increase their chances of winning tenders.
Cost-Effective
Subscribing to a tender intermediary is often a cost-effective way for businesses to access tender opportunities. Tender intermediaries typically charge a subscription fee, which is usually lower than the cost of hiring a full-time tender specialist or bidding consultant.
In summary, subscribing to a tender intermediary for online tenders can provide businesses with a range of benefits, including access to a wide range of tenders, time-saving, competitive advantage, improved visibility, reduced risk, and cost-effectiveness. Therefore, it won’t be wrong saying that investing in a subscription plan of a tender intermediary like BidAssist can be a valuable resource for businesses and organizations looking to bid on tenders, as it can help them identify relevant opportunities and increase their chances of winning contracts.
