Mastering Bid / No-Bid Decisions
Winning Government Contracts
English - November 21, 2023 15:00 - 12 minutes - 8.97 MB - ★★★★★ - 28 ratingsEntrepreneurship Business entrepreneur entrepreneurship government contracts minority business mbe woman owned busines wbe veteran owned business vosb 8(a) Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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In this episode of the Winning Government Contracts Podcast, we delve into the essential process of making bid/no-bid decisions. This episode is packed with insights and practical tips, making it a must-listen whether you're a seasoned contractor or just starting out in government contracting.
Key Topics Covered:
Understanding RFPs: I discuss the importance of comprehending Requests for Proposal and how they should align with your company's capabilities.Bid/No-Bid Decision Process: I walk you through the seven critical factors to consider when deciding whether to bid on a government contract.Decision-Making Process: I talk about the balance between data analysis and gut feeling, and the strategic importance of knowing when to bid and when to pass.Practical Tips Shared:
How to interpret RFPs and assess if your company is a good fit.The importance of analyzing your competition, especially incumbent contractors.How your past performance and reputation can boost your chances.Identifying red flags and positive indicators in RFPs.And a lot more!Need help with a proposal, a small business certification, or coaching? Email me at [email protected] and I’ll contact you to set up a consultation.