A challenge businesses face when responding to RFPs is, well, the entire bid creation process. Technical writing, pricing research and assistance, editing, graphic design and content retention are all necessary tasks requiring substantial time and resources. If not managed properly from the start, they can lead to overlooked mistakes within the bid response. As bid…
When responding to or following up on RFPs, it can be helpful to have access to publicly available information that pertains to the proposal. The Bid Lab has helped our clients readily obtain the relevant information by working to retrieve the document in scope. Sometimes these documents are publicly available and just difficult to locate….
Each year, the federal government purchases approximately $400 billion in goods and services from the private sector. This is in addition to the state, county and local agency procurement. Together, selling to the government is a lucrative opportunity for business owners regardless of size, location or offering. As a small business, you too can vie for…
Overview When our clients require information to improve their bids, The Bid Lab is able to provide the extensive research support they need. When this information is publicly available but not immediately accessible, The Bid Lab helps our clients navigate the Freedom of Information Act (FOIA) request process. It’s worth noting that FOIAs should be…
While 2021 has seen a lot of businesses close their doors for good, many windows have opened for the business owners of tomorrow. Maybe you’ve already created a great website, recruited valuable employees and built a solid supply chain. Maybe you’re even ready to begin exploring responding to requests for proposals (RFPs) as a way…
Responding to a Request for Proposals (RFP) can be a stressful and intimidating process for business owners who are unfamiliar with bidding legalities. Despite the complex system that must be executed flawlessly to win a contract, companies who manage to win, in effect, are able to organically grow their businesses from there. So, it’s time…
Subject Matter Experts (SMEs) are commonly defined as individuals who exhibit the absolute highest level of expertise within an organization for a specific role or task. SMEs can include engineers, project managers, researchers or even human resources personnel. Within the world of RFP project management, these are the people crucial to your goal of completing…
Generating consistent RFP responses that get noticed isn’t an easy task. Even savvy veterans understand that the proposal management process can be stressful. Business owners still take this challenge head-on because they know the results of their hard work can be exceptionally beneficial to their organization. In order to help your business better prepare for…
Government contracts can be lucrative opportunities for your organization. Their appeal can be tempting, but the process involved to bid and win government contracts can prove to be intimidating for most. At The Bid Lab, we can help guide you through this process without any of the stress or anxiety that is usually involved. Perhaps…
Responding to a Request for Proposal (RFP) is an excellent way to generate new business for your organization. However, it can be seen as a huge inconvenience without the right process in place. Putting together a winning RFP response requires a significant investment of time and resources. In addition, unexpectedly short turnaround times can cause…
