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Isle of Man Tenders – A Short Guide
Insight | 18th January 2022
Read below to discover all there is to know about Isle of Man tenders
For an island off the main coast, you may be daunted by Isle of Man tenders. But through this blog, we’ll help prepare you for tackling them. We’ll go through sourcing these contracts and provide some tips to implement into your future bids.
Where can I source Isle of Man tenders?
We house multiple portals for all your tendering needs, including:
- Creative enders
- Technology RFPs & Bids
- Consultancy RFPs & Bids
- Construction RFPs & Bids
- Research RFPs & Bids
- Logistics RFPs & Bids
- Finance RFPs & Bids
- Facilities RFPs & Bids
- Hospitality RFPs & Bids
- HR RFPs & Bids
Hudson Discover saves your business countless hours searching through individual sites, trying to find tenders in your sector.
We host Isle of Man tenders, amongst other tenders from around the UK. We have an expert team of opportunity trackers who source tenders daily.
4 points to consider when responding to Isle of Man Tenders
1. Eligibility
It’s always wise to select contracts that you’re eligible for. And most, if not all contracts require some level of eligibility. These could include accreditations, qualifications, and financial thresholds. Ultimately, really sharpen your search for tenders that you’re perfect for. If you don’t ensure your eligibility before a bid, your chances of winning are simply cut short.
2. Answer the questions posed
Time is money. For Isle of Man tenders, if you’re not providing information that’s relevant it’s seen as a waste of time. They want to have the questions answered in full and using concise terms. Due to this, don’t get bogged down in jargon or field-specific terms. It’s unrealistic to assume that the buyer will know exactly what you’re talking about. Another vital step in this point is sticking to the word count. If you run over, you’ll possibly irritate the buyer. And if you don’t meet it, the buyer could presume that you simply didn’t give the bid the time it deserves.
3. Pricing
Finding the right price for your service can be difficult. And as a small island, Isle of Man tenders could be competitive in their expectations of costs. A good rule of thumb is looking into the local market. Researching the average prices for your services in the area could help as well. If you charge too high, you could put the buyer off. If you charge too low, the buyer might expect a low-quality service/product. Presenting a balanced cost to the buyer will come a long way in winning the contract.
4. Proofing and grammar
Whether it’s Isle of Man tenders or any other kind of tenders, grammatical standards are high. If you’re not presenting your case in a concise manner, the buyer will be less likely to select you. You’ll be jeopardising your professional status if you’re found to have multiple errors in your bid. So, it’s best to be prepared.
Take the time to read through your writing. Make drafts. Make sure it flows for the buyer. Put yourself in their shoes. Would your service/product interest them? This is where proofreading comes into action. Get a friend or colleague to look through it. Ask them to put a critical eye over the work. This way it’ll reflect the efficient manner that buyers take when reading through bids. You could even outsource it, which is a service we offer through RFP Mentor.
Summary
We’ve reached the end of our blog on Isle of Man tenders. You now have a greater idea of what to expect when bidding for them. For those who need it, here’s a short recap:
- Eligibility- Ensuring that you meet the tender’s requirements e.g. accreditations, financial threshold, qualifications.
- Answer the questions posed- answering in full and being concise with terms. Not overloading the buyer with jargon. Sticking to the word count.
- Pricing- researching your market for the average price. Coming to a balanced price that is competitive yet still profitable.
- Proofing & grammar- understanding the need for good grammar. Ensuring it with reviews and proofing. Outsourcing as an option for a high level of grammar.
How can we help?
You may be wondering where you can find new contracts for your business. There’ no shortage of websites offering multi-sector tendering opportunities and leads. Ideally, you should be searching for a sector-specific site that posts all unique, public and private sector opportunities.
At Hudson Discover, we house 11 sector-specific tendering portals. One centralised and easy-to-navigate portal can help you save time, streamlining the process.
Once signed up, you’ll have access to your own dedicated Account Manager. They’ll be able to answer any questions you may have about public sector contracts. You’ll also get an email alert when new and relevant tenders are uploaded to your sector.
A subscription to one of our industry-specific portals will include:
- Unlimited portal access. You can browse your industry’s portal to your heart’s content. See the hundreds of opportunities that are available, intuitively categorized, and easily accessible.
- A daily email bulletin. When you sign up to a portal, you can choose the specific areas in which you’d like to tender. Then, a daily bulletin is created for you. It includes all the relevant opportunities that have been posted to the portal that day, straight to your inbox.
- A dedicated Account Manager. They’ll handle any questions or queries you may have about the portal.
- A free 20-minutes phone consultation with a Bid Writer. Our expert bid consultants will chat with you for 20-minutes about anything RFP related.
What opportunities can I expect from a bid search on one of the above portals?
We host all kinds of tenders in both the public and private sectors. These are inclusive of, but aren’t limited to:
- Open RFPs
- Restricted procedures
- Competitive dialogs
- Negotiated bidding procedures
- Innovation partnerships
- Single supplier contracts
- Framework agreements
- Dynamic Purchasing Systems.
Hudson Succeed
You may be wondering how to write a bid. Well, luckily for you, our sister company, Hudson Succeed, are experts in bid writing.
They have over 60 years of bid writing experience and an 87% success rate. Whether you’re completely new to bidding or aren’t seeing results – they can help. There are four bid writing packages available:
Once you’ve found a tender you’d like to go for, send it over to us. One of our Bid Writers will write the tender response for you. They’ll provide a full Tender Writing breakdown and even submit it on your behalf.
RFP Mentor can give your bid response a once over before you submit. The Bid Writing Team will analyse your response, notifying you of any errors prior to submission.
A 4-week program for those who have never tendered before. The program will develop your branded corporate literature and case studies. Our team will advise you on what bidding opportunities you should go for and guide you through your bidding response.
The RFP Improvement package can help those who have bid before but aren’t seeing results. Our Bid Writers will assess your previous responses and work with you to develop improved content.
Find more helpful tips and advice in our blogs. We cover topics including:
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