During Interaction with Entrepreneurs , we observed that they are looking for Government Business which are available through Tenders. Many have tried and burnt their hands as they could not appreciate that doing business through government is different. Based on our experience we are presenting to you Twenty Five  Life Saving Hacks, which you must understand before entering in Tender Business.

25 Life Saving Hacks For Tender Business

HACK 01: Process vs Outcome

HACK 02: Salient Untold Features

HACK 03: Open Ended Clauses

HACK 04: Bottom Line?

HACK 05: Speed Money?

HACK 06: I will Quit – If things are not working – Can you?

HACK 07: Is Government Business Risky?

HACK 08: Government Business Takes Your Time & Money

HACK 09: Consortium Bidding?

HACK 10: Online Bidding?

HACK 11: Two Stage Bidding?

HACK 12: E-Reverse Auction?

HACK 13: Proof-Of-Concept?

HACK 14: Partiality Being Done?

HACK 15: Debarred / Blacklisted?

HACK 16: Selling Through GEM?

HACK 17: SLA (Service Level Agreement) Penalty?

HACK 18: Documentation Best Practices?

HACK 19: Core Competency

HACK 20: Whether I Will Be L1?

HACK 21: I am Not L1, What Next?

HACK 22: International Business – Global Tender

HACK 23: What Types of Tenders I should Prefer?

HACK 24: EMD / Performance Bank Guarantee (PBG) 

HACK 25: Getting Business Back-to-Back

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