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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.

RFP Responses: 5 Steps to Adapt Your Bid Response During Covid

The COVID-19 pandemic and its far-reaching effects have brought uncertainty for all. This is especially true for those working in the marketing and business worlds. Circumstances are changing daily while we strive to achieve a new normal. While the pandemic has brought about a myriad of challenges, our world has gone digital at an impressive…

RFPs for Legal Services: How to Improve the Proposal Process

In today’s fast-moving business world, corporate and governmental procurement departments use the Request for Proposals (RFP) process to meet legal and litigation goals. RFPs seeking legal services can be an excellent starting point to increase your firm’s business. First, you must know who might issue an RFP for legal assistance and why. Below is a…

RFP Evaluation Time? Here’s How to Pick the Right Vendor

Finding the right vendor is never easy. When your business issues a Request for Proposals (RFP), it is forming the foundation for a relationship that may last years. It’s critical to get this decision right, so having a proper RFP evaluation process is key.  At The Bid Lab, we help clients on both sides of…

State Government Contract Issuers, Vendors, and COVID-19

As the world continues to overcome COVID-19, state governments are adapting their contracting practices in subtle but important ways. Fortunately, state-issued Requests for Proposals (RFP) and other bidding opportunities are continuing.  These government contracts represent a valuable opportunity, especially given the high level of uncertainty in private-sector procurement. To maintain your business’s growth potential in…

New Jersey Bids: Win Business with Contracts in the Garden State

New Jersey businesses of all types can expand their revenue significantly by maximizing their ability to compete and win new New Jersey RFPs, bids and procurement contracts. Whether you’re an established firm or an ambitious new enterprise looking to make your mark, there are millions of dollars in new business available in the diverse ecosystem…

Coronavirus Business Strategies from Clients of The Bid Lab

The year 2020, aka “The Year Of The Coronavirus,” began as any regular year. No one in October 2019 would have predicted the highly contagious, deadly viral outbreak within the next few months. Therefore, the circumstances of the shutdown meant organizations needed to quickly adapt to a “new normal.” So, for many, that meant adapting…

RFP Layout: Tips to Design Bids Exactly Right

When your organization offers the best products or services, getting the RFP layout of your bid response right can mean the difference between a winning bid and missing out on new business. Your bid must be 100% responsive to the Request for Proposals (RFP). A clear RFP structure is key to highlighting your responsiveness without…

Why Your RFP Pricing Strategy Is Costing You

Drafting a compliant response to a Request for Proposals (RFP) is hard enough. But, it can be even more difficult to determine the right pricing strategy when looking to win your next proposal. No one wants to bid too high and miss out on a potentially transformative opportunity. By the same token, no one wants…

New York Bids: How to Make Your Mark in the Empire State

As the world’s eleventh-largest economy, New York bids offer competitive but lucrative opportunities to grow your business through the Request for Proposal (RFP) process. For enterprising entrepreneurs inside the Empire State and beyond, here’s what you need to know to stand out and win new business. Finding the Perfect Partner Responding to a business or…