While RFPs can be challenging, taxing and stressful at times, they’re anything but static. How you write and manage your proposals evolves as your company grows and takes on new business. As such, proposal management involves the vital role of working behind the scenes to reflect these changes within the RFP process. In fact, driving business…
Finally. You found an RFP that’s a perfect fit for your organization. Your knowledge and experience meets (or even exceeds) the minimum RFP requirements posted. Check. There’s a plethora of previous content to pull from other bids. Check. Your team is even ready to begin stitching together the perfect proposal. Check, check, check. But, before…
If you’re in a position that requires you to write regularly, you’ve probably mastered the craft of technical writing. The main characteristics of technical writing are clarity and accuracy. Its purpose is to describe, which helps people understand and execute tasks. Most of what we do in the business world on a daily basis is…
We all make mistakes, it’s part of being human. But, one of the most challenging aspects of the RFP process is that you don’t get a second chance. If your bid proposal is irrelevant to the project or too promotional, long or boring, your response will end up at the bottom of the pile. The…
If only there were more than 24 hours in a day. If you’ve gone through the RFP process before, you probably know the feeling. Developing RFP proposals to grow your business takes time, effort and lots of patience. With all the other business responsibilities you’re juggling, it can be hard to imagine submitting more responses…
Think back to the last time you wrote a research paper. Perhaps you’re remembering the days of college term papers and MLA formatting. You probably spent hours in front of a computer, hoping that using just the right search terms would bring up the perfect source for your paper. If this sounds vaguely familiar, you…
As public sector contracts become more competitive in response to evolving technology, the phrase “modern problems require modern solutions” couldn’t be more true. The key to success with modernizing an RFP process is investing in technology that’s easy to use and efficient for client communication. With the right supporting technology, all other aspects of your…
When you hear the word “automation,” you may think of factory workers being replaced by robots, or reports that AI might someday take over the world. But at The Bid Lab, automation means something different. It means less work for you and an increased chance of winning your bids. And it’s all done by humans…
Introducing The Bid Lab’s RFP Industry Glossary Whether you’re new or experienced at creating Requests for Proposals (RFP), the industry terms used during the bidding process can be overwhelming. All industries have their own unique vernacular. Often, the language an issuer uses in an RFP can be determined by industry expectations and personal preferences alike. The…
Have you ever been excited to receive an invitation to a much-anticipated party? Well, in our own industry, we have a different type of invitation that excites us — an ITB! To give you a little context, an Invitation to Bid (ITB) or Invitation for Bid (IFB) is a call for contractors to submit a…
