Bidding, Tendering and Contract management:
Contract, bidding and Tender Management are basic tricks in accomplishing high levels of performance for all associations. Presenting the highly significant activities accessible from contract and acquirement operations requires the constant association of proficient experts and management who understand and execute the best practices in Tendering & Contract Management for the acquirement of goods and services. Bidding is an offer/demand to set a sticker price by an individual or business for an item or service. It determines the value or cost of something. Bid management is the procedure by which the culmination of PQQs (per-qualification questionnaires) and ITTs (Invitation to tenders) is overseen. It includes all in all from guaranteeing compliance, to responding to questions. In general bid supervisors follow an organized way to deal with the bid management process. Bid management training must include these steps: 1. Analyze citations to understand the requirements of t