|
Pre-bids
Pre-bidding is the process of bidding on a project before the project is put up for public auction. Pre-bidding can provide an opportunity for potential bidders to form a consortium and submit a coordinated bid. It can also allow potential bidders to assess the project's risks and determine if they are willing to take on the project.
Pre-bidding is typically used for government contracts, where the government wants to get a sense of the market for a particular project. The government will release a Request for Proposals (RFP) and potential bidders will submit a proposal. The government will then award the contract to the bidder that submitted the best proposal.
Pre-bidding can also be used for private projects. For example, a company might want to get a sense of the market for a new project before putting it up for auction.
There are a few things to keep in mind when pre-bidding,
1. Make sure you read the RFP carefully.
2. Make sure you understand the project's risks.
3. Make sure you have the financial resources to complete the project.
4. Make sure you have the technical resources to complete the project.
5. Make sure you have the personnel resources to complete the project.
6. Make sure you are familiar with the bidding process.
7. Make sure you submit a comprehensive proposal.
|
