Bid Processing
Management Services

Veda Mode’s bid processing management service is a time-bound, knowledge-driven activity, ensuring strategic pursuit of government opportunities without resource constraints. Our experienced team optimizes bid positioning by influencing tender requirements and criteria to align with client USPs, outpacing competition.

Drawing on cross-industry expertise, Veda Mode employs best bidding practices from various verticals to enhance winning probabilities. We ensure tender criteria compliance with public procurement guidelines, preventing future issues related to industry or audit objections.

Veda Mode guarantees clarity in vital contract parameters, including default conditions, risk purchase clauses, milestone formats, closure conditions, and performance bank guarantee terms. This approach eliminates surprises during contract execution, facilitating smooth conciliation.

Scope of Bid Management in India

Managing Reactive Business Opportunities:

Reactive business opportunities stem from published tenders, obtained through daily email alerts or state portal searches.

  • Conduct Gap Analysis by comparing stipulated and achievable conditions.
  • Perform SWOT Analysis to understand the client's bidding philosophy.
  • Strategize, draft pre-bid clarifications, and attend meetings to refine criteria and filter out competition.
  • Manage the bid process, including evaluation of competition, providing strategic inputs, and validating contracts.
  • Support negotiations, payment realization, and draft closure/completion certificates.

 

 

Managing Pro-active Business Opportunities

  • Pro-active opportunities, sourced from media, industry news, and business networks, precede tender publication.
  • Activities, including requirement analysis and proposal of tender criteria, align with "Managing reactive business opportunities" post-tender publication.

BPMS – Process Flow

Allied value added BMPS services:

  • SWOT analysis of the company.
  • Strategizing eligibility, technical & financial bid parameters including evaluation strategy.
  • Competition mapping & providing market intelligence.
  • Formulating business strategies for enhancing the winning probability of government business.
  • Articulating strategies to curb liquidated damages & enhance billing scope by up & cross-selling.
  • Advisory to enhance the business profile to have advantage over competition.

Benefits of outsourcing BPMS to VEDA MODE:

We provide what we promise. Few of the many reasons to choose us are:

  • Offers decent business practices and excels in strategic bidding, optimizing business practices for government success, enabling clients and partners to swiftly enter the market.
  • Access to skilled resources is one of many strengths carried by Veda Mode as its team updates its knowledge base on a regular basis so that clients no longer need to invest in recruiting and training scarcely available resources.
  • Enhanced productivity is a given at Veda Mode as it brings over 120 man years of bidding experience and expertise in compiling successful bids for challenging & complex tendering opportunities.
  • Access to untapped business is a tool that Veda Mode has a strong hold on and thus helps bring the client closer to unfathomable opportunities.
  • Savings on human capital is important for any business to upscale work and improve profits and Veda Mode caters to that requirement perfectly by offering quality work at a reasonable rate.
  • Scope to focus on core business is an experience offered by Veda Mode to its clients so that the respective companies can focus on their core functions and happily outsource bidding services to us.

VedaMode, a trusted supplier, is invited to participatev in government tenders. Government agencies seek competitive bids for various projects and services, ensuring transpaerncy and cost-efficiency. VedaMode’s expertise is valued in the procurement process.

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