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Free Content From Our RFP Consultants
The Bid Lab is dedicated to empowering you through all aspects of the bidding process by providing comprehensive educational content pieces to answer your most pressing questions.
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 prepare […]
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 […]
With all the recent buzz around RFP automation, it’s easy to forget that automation is already an integral part of our everyday lives. Automation powers everything from smart home devices to word processing software that checks your grammar. In the proposal industry specifically, its purpose is to simplify your RFP process, allowing you to respond […]
What’s the one acronym that strikes fear into the hearts of your employees? You guessed it, it’s “RFP.” But it doesn’t have to be that way! Companies have long labeled the RFP process as a source of stress and anxiety. What often causes this negativity isn’t the RFP itself, but rather an unclear understanding about […]
In the proposal industry, automation represents a future characterized by better quality and less painful RFP responses. And in 2020, we’re nearer than ever before to achieving this goal. As companies are aiming to submit more bids in a shorter period of time, they’re looking to RFP technology as a means of shortening and simplifying […]
When writing a proposal, chances are you’ve had moments where you felt like giving up. It’s hard to ‘just keep swimming’ when you aren’t sure if your hard work will pay off in the end. Wouldn’t it be so much easier if there was a simple formula for creating a winning bid? The problem with […]
As the US continues to battle COVID-19 in the final months of 2020, only one thing is for certain: the way we live, work, and socialize has changed forever. We can’t imagine leaving the house without our mask or not clocking in for work when we open our computers. As is the case for most […]
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 […]
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 is 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, […]
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 COVID-19 and evolving technology, the phrase “modern problems require modern solutions” couldn’t be more true. The key to success with the 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 […]
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 […]
Whether you are new or experienced at creating Requests for Proposal, 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 a Request for Proposal (RFP) can be determined by industry expectations and personal preference alike. The procurement space operates with […]
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 proposal for […]