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 vye…

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 is worth noting that FOIAs should…

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 request for proposals (RFPs) as a way…

  Responding to a request for proposal (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. A challenge companies face…

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 is not 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…

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 usually involved. Perhaps you’ve tried…

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…

Your RFP strategy is perfect, right? Well… almost. You could be missing out on some great opportunities by not including an effective Request for Proposal (RFP) Strategy alongside your other tried-and-true methods. RFPs continue to grow in popularity, and are commonly produced by a wide variety of corporations, not just government entities. If your business…