Gathering bid responses for an RFP can be chaotic! Collecting technical information from SMEs, verifying certifications, and having legal teams review terms and conditions are all part of the RFP response process.
Every step of the bidding process brings with it unique challenges and pitfalls. There are some unexpected issues that might arise when submitting an RFP by mail. This is why we are here to guide you through this crucial submission step. When searching databases to find the perfect request for proposals (RFP), you need to…
Did you know any business, be it small or large, can do business with the federal government? However, in order to work with the government, you must first register your business in the System for Award Management (SAM). So, ready to register with SAM.gov to expand your opportunities through government RFPs? In that case, keep…
All Writers Need Editors! The most ironic part about mistakes is that many people have a more difficult time seeing their own. This is also true when it comes to writing. Writers might roll their eyes when editors say, “You need an editor.” They may think editors are just attempting to drum up business for…
Small businesses would love to win that federal bid. Unfortunately, when big, fancy corporations raise their hands, it can make you (as a small- or medium-sized business owner) feel like the “Homer Simpson in the bush” gif. Luckily, you don’t have to let responding to federal RFPs intimidate you! At The Bid Lab, we’ve helped…
Did you know the government spends over $500 billion per year on goods and services? What’s more, they also spend money to fund many different operations and stimulate growth. Basically, a significant percentage of these dollars are given out via open procurement processes, which include Requests for Proposals, or RFPs. The catch is that with…
A Request for Proposal (RFP) is a business document. Organizations publish RFPs to solicit proposals from potential vendors for a particular project solution. The RFP specifies what the entity is looking for and describes the criteria for evaluating the proposals it receives. To read more about “What Is an RFP?” click here. The purpose of…
Writing a great cover letter can be an overwhelming experience. Much like the intimidation of the blank page, the pressure of ensuring the cover letter is perfect can make even the most seasoned business owners feel like a ‘noob.’ When tasked with drafting a cover letter, you end up stuck with a serious case of…
As technology advances, so does the data we produce. Unlike our ancestors, we’re now capable of creating photos, videos, text files, and other forms of data all on our own. This has led to the rise of what we now call Big Data. Companies are among those who benefit from Big Data the most. Data…
When the Legislative Council of Orem, Utah, tapped a newly formed and inexperienced firm for a feasibility study on splitting a local school district, the decision sparked controversy. Because of this concern, local constituents filed a formal complaint with the Utah State Auditor’s Office. Though the auditor ruled that the Legislative Council broke no laws,…
