Mining TenderA Professional Way To Win More Business.
Romans were the initiators in developing large-scale mining methods. Since then, there has been a constant evolution in the mining industry and today; global multinational companies dominate this sector. Heavy machinery is needed in mining for exploration and development, to remove and stockpile overburden, to break and remove rocks of various hardness and toughness, to process the ore and for reclamation efforts after the mine is closed. Bulldozers, drills, explosives and trucks are all necessary for excavating the land.
Individual entrepreneurs or small businessmen can conduct exploration and mining but most modern-day mines are large enterprises requiring large amounts of capital to establish. A mining tender is a unique phenomena designed to ensure that the mining work is given out in a fair way. There are a number of policies, which are used as guides on how to make decisions on which bid to accept. Although price is very important in the decision but it is not the only factor taken into account.
Details of the tender appear in newspapers and lately Internet has been a medium, which is widely used. The Company who offers the tender generally uses websites as a medium to create awareness and receives responses from large number of prospective bidders. This gives them an opportunity to study the bids and select the suitable out of the lot. Simultaneously, it is a great prospect for the bidders as it helps them in business expansion and gives an opportunity for excellent deals.
A meticulous bidder should give special attention to the following:
Most of the time, evaluators would tell you what percentage is given to the price. If it is over 50%, you should pay a lot of attention to your price. Mining tenders should always be price sensitive and you should bid the minimum amount that is required.
A hastily prepared bid may be reason enough for you to miss off vital things. So plan your bid writing and leave enough time to complete your groundwork.
Ensure that you include your name and contact details, an executive summary and signed cover letter. Use graphics to explain complex matters.
You want to show that your company will undertake quality work- so ensure that your proposal reflects the work capability of your company.
There is always a risk within any proposal so you need to learn how to recognize and mitigate risks. Your price should make you a reasonable profit. You may in some mining tenders decide to reduce your margin and break even. You may even make a small loss if you have other objectives.
There are free tender portals available, which provide you and your business with the best mining tender proposals in the industry. For a nominal fee, the latest mining tenders, opportunities and more are delivered (via email) to your place of business. You can email, fax or call them up to discuss the future of your business and the opportunities they can provide you with.
Individual entrepreneurs or small businessmen can conduct exploration and mining but most modern-day mines are large enterprises requiring large amounts of capital to establish. A mining tender is a unique phenomena designed to ensure that the mining work is given out in a fair way. There are a number of policies, which are used as guides on how to make decisions on which bid to accept. Although price is very important in the decision but it is not the only factor taken into account.
Details of the tender appear in newspapers and lately Internet has been a medium, which is widely used. The Company who offers the tender generally uses websites as a medium to create awareness and receives responses from large number of prospective bidders. This gives them an opportunity to study the bids and select the suitable out of the lot. Simultaneously, it is a great prospect for the bidders as it helps them in business expansion and gives an opportunity for excellent deals.
A meticulous bidder should give special attention to the following:
Most of the time, evaluators would tell you what percentage is given to the price. If it is over 50%, you should pay a lot of attention to your price. Mining tenders should always be price sensitive and you should bid the minimum amount that is required.
A hastily prepared bid may be reason enough for you to miss off vital things. So plan your bid writing and leave enough time to complete your groundwork.
Ensure that you include your name and contact details, an executive summary and signed cover letter. Use graphics to explain complex matters.
You want to show that your company will undertake quality work- so ensure that your proposal reflects the work capability of your company.
There is always a risk within any proposal so you need to learn how to recognize and mitigate risks. Your price should make you a reasonable profit. You may in some mining tenders decide to reduce your margin and break even. You may even make a small loss if you have other objectives.
There are free tender portals available, which provide you and your business with the best mining tender proposals in the industry. For a nominal fee, the latest mining tenders, opportunities and more are delivered (via email) to your place of business. You can email, fax or call them up to discuss the future of your business and the opportunities they can provide you with.
Source...