Prepare your business to tender for contracts

Introduction

Tendering for contracts in the private and public sector is becoming highly competitive. Demonstrating high standards in employment practices, health and safety policies and environmental compliance can give your business the edge.

You need to prepare your business for the scrutiny of the procurement process. Good preparation will increase your chances of a successful bid, and improve your prospects for future contract work.

Many tender competitions involve a pre-qualification stage where basic information about potential suppliers is sought. Businesses which lack certain policies and procedures may not pass this hurdle.

Becoming part of the supply chain for major public and private sector investments can be a lucrative prospect for Northern Ireland businesses. Experience gained from contract work can lead to further opportunities in the rest of the United Kingdom, the Republic of Ireland and the wider European Union.

This guide will help you to identify areas for improvement in your business, where to find potential contracts, and the key changes you can implement when preparing to tender for work.

Read more: nibusinessinfo.co.uk