Bid Management

Bid Management

  • Prepare Invitation to Bid (ITB)
  • Meetings with client contracts department to review ITB for conformity with its purchasing policies
  • Contact potential vendors for relevant products to ensure full participation
  • Release bid and send invitations (through client)
  • Conduct pre-bid conference
  • Respond to vendor’s questions following pre-bid
  • Conduct bid opening
  • Review and analysis of vendor’s offers
  • Conduct vendor presentations
  • Document analysis of vendor’s offers, prepare recommendation for most responsive vendor
  • Prepare presentation to client’s management team for recommendation
  • Present vendor’s bids and recommendation
  • Minutes of the Vendor Recommendation meeting