Saturday 22 February 2014

How Choose to Government Tenders?

All year, Crores of Rupees are short on purchasing a great selection of services, goods and infrastructure by the Government, Great industrial units and Semi-government Organizations.

Most of the purchasing is done from private sectors and such kind of procurement ensures honest and neutral opposition with the suppliers.
 
Over the years, Government Tenders motionless remain the best method of procurement for the governments which guarantees them the best market offer. Government tenders give all the suppliers equal opportunity to bid for an order by giving them the same objectives to work on while maintaining fairness. Governments release tenders in various local, state and national newspapers depending on their requirement. Only newly, online tender portals have aggregated this tender data into applicable section for suppliers to simply access the tender details.


For effective involvement in the market, it is imperative that the suppliers understand that the government is not one unit but it is an amalgamation of many departments that have their own exclusive Criteria and requirements. Hence, it is important that the suppliers investigate study and explore so they are able to accurately target the departments that are more probable to use their supplies and services. After they shortlist the departments, they then start the process of involvement.

In government tenders, each of the public sector bids is carefully considered on the same objectives and platforms without any bias. Private sector companies, whose bids win government tenders do so because of their ability and competence in providing the right bid to the tendering board committee. The skilful companies also take the precaution for prepare a tender document which caters to all the desires mentioned in the government tender. This gives them a superior benefit over the other private sector bids.

On the other offer, the companies that have not made the cut responsibility the procurement and tendering method. Many a times, gossip regarding rigging of tenders do the rounds.

Despite such gloomy rumors, Government Tendering remains one of the most transparent and unbiased method of Procurement when the strategy and the code of instructions are strictly followed.

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