Successful Tenders
Successful Tenders In order for your tender submission to be successfully selected in the evaluation process, it needs to meet all the requirements and criteria outlined in the invitation or Request for Tender documents, provide the best offer and best value for money, as well as demonstrate what sets you apart from your competitors.
Once the evaluation process is completed and a tender submission is selected, the successful tenderer will be notified of the outcome and awarded a contract. Terms and conditions of the contract are usually outlined in the invitation or Request for Tender documents, as well as incorporating specifications from your tender submission. In certain circumstances, some final negotiations may occur before the contract is signed and finalised.
As a contract is a legally binding document, it is important to have a thorough understanding of the terms of the contract before signing. Ensure that you fully understand your rights and responsibilities, as well as those of the organisation you are dealing with, and that you are willing and able to comply with the requirements of the contract. You may wish to seek legal advice before signing a contract.
If your tender submission was in response to a Request for Tender by a government agency, you should know that these agencies usually publish information on the outcome of the tender process. Successful tenders and details of contracts are usually published on government tendering websites. However, note that private and confidential information such as proprietary and intellectual property details should not be published.
Once the evaluation process is completed and a tender submission is selected, the successful tenderer will be notified of the outcome and awarded a contract. Terms and conditions of the contract are usually outlined in the invitation or Request for Tender documents, as well as incorporating specifications from your tender submission. In certain circumstances, some final negotiations may occur before the contract is signed and finalised.
As a contract is a legally binding document, it is important to have a thorough understanding of the terms of the contract before signing. Ensure that you fully understand your rights and responsibilities, as well as those of the organisation you are dealing with, and that you are willing and able to comply with the requirements of the contract. You may wish to seek legal advice before signing a contract.
If your tender submission was in response to a Request for Tender by a government agency, you should know that these agencies usually publish information on the outcome of the tender process. Successful tenders and details of contracts are usually published on government tendering websites. However, note that private and confidential information such as proprietary and intellectual property details should not be published.