Submitting a Winning Bid

Download or read book Submitting a Winning Bid written by Gustavo Cinca and published by Gustavo.m.Cinca. This book was released on 2024-06-04 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Submitting a Winning Bid. Guide to making a Construction Bidding with Examples. If the work or service awarded comes from a faulty bid, you have not earned a job; you have earned a complication. For a construction and assembly industry to be financially viable, it must achieve positive economic outcomes in the work or services it provides. When the work or service awarded comes from a faulty offer, the company is unlikely to become profitable. To start a lucrative business, it is essential that the bidder submit a properly evaluated bid in every tendering process or competition. In the book, Winning Bid Submission outlines the steps to get a reliable bid. This manuscript is particularly interesting owners, shareholders and coordinators of tenders construction and industrial assembly contractors or subcontractors, and all members of organizations performing tasks related to the formulation of proposals or tenders in the context of tenders or price competitions. Submitting a Winning Bid. Guidelines to improve the accuracy of your offer with examples. Bidding at prices away from the market average undermines the proponent's business relationship with the customer. When the bidder presents a budget that is too low and has the misfortune of being awarded the work, it will inevitably have to face negative financial results because expenses will exceed revenues. If the bid has a very high value compared to the competition's proposals, it will probably be excluded from price competition. This situation, although less severe than the previous one, has a negative effect on your assets because of the increased expenses. The conclusion is that when we quote, we need to carefully analyze each stage to submit a reliable offer. Submitting a Winning Bid. The purpose of submitting a winning bid is to give the reader a complete and useful guide to support their budgeting. This manuscript details the main aspects to consider at each stage of developing a proposal in order to achieve the desired reliable budget. To quote, it is necessary to have your own experience in construction and industrial assembly and to use emotional intelligence to reconcile criteria with other colleagues or specialists to increase knowledge of what is being cited. Guidelines to Making Construction Bidding with Examples. This guide is based on the exceptional experience of the writer. The author of this book, worked during a large part of his professional life as a manager and construction director, on site, in different chemical process plants, refineries, gas pipelines, compression plants and thermal power plants in the country and abroad, finally created and presided over a construction and assembly company. Throughout his career, he has prepared and examined hundreds of estimates for the refurbishment of industrial plants and new facilities. Decide to apply the suggestions made in this publication, and your economic proposals will no doubt be more precise.