How to apply for government tenders?

It is mandatory to upload all the government tenders on the e-tender portal (Central public procurement portal) as the government of India has made it compulsory to do so. To search and apply for any government or state tender, the portal is the best and most dynamite. Specifications can be acquired and contractors can acquire bids against a proposal by using the portals. The government readers are also secure, but acquiring them is not so easy as it is complicated and requires time for submission. Take a look at eProcurement Tenders

The steps to apply for a Government tender

Here are the basic steps to apply for the Government tender:

• Registering under the CPP portal is the first step. A contractor has to register on the e-tender portal along with the contact and other personal details. A valid digital signature certification must also be provided as the encryption code can be used for validation purposes.

• Under the technical criteria, the details about the technical status of the firm are provided. It includes :

1. Manufacturing or constructing the capacity of the firm
2. Companies turnover
3. The companies certification documents
4. Quality control surety
5. The position in the market
6. The equipment and the machinery that is available in the firm
7. Financial background records

• The financial criteria involve analyzing the estimated cost. Once the cost has been calculated, the contractor will mention the amount to complete the project within the timeframe. The client will pay the quoted amount if the selection happens. The proposal having the lowest bid will receive the government tender. But in other cases where quality matters, it might differ.

• When it comes to other miscellaneous criteria, certain other documents need to be submitted for the verification, authenticity, and surety of the contact. The solvency report, registration certificate, liabilities like income tax, ESI, service, and goods tax, etc.

In addition, the tenderer needs to submit the documents of the previously allotted tender and the work experience gained. There are charges that need to be paid which are non-refundable. Before the last date of the submission, the documents must be filled and submitted otherwise the authorities in charge will reject the documents.

Applying for the government tender has certain criteria. Contractor must have the resources and also must have acquired the experience to achieve the objectives. It also involves having the awareness of different government tenders.

• Get the full understanding about the tender. The sooner you receive the details you will have more time to prepare for the bidding.
• Based on your previous government offering, you are more likely to secure the tender.
• Fill all the documents carefully, the work experience documents must also be filed properly.
• The terms and conditions of the tender must be read carefully to better understand the needs of the client.
• Make a complete cost analysis before you quote the price. In general, government tenders are evaluated based on value for money and hence do not bid at the lowest cost.
• Another criteria is punctuality, once the information is received, start preparing for the bid.
• Providing the best advanced and quality services is very important.
• Do not be in a hurry to secure the tender at once. As you gain experience from small tenders, you will more likely boost your experience and your chance to attain big government tenders will be higher.