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Completing a PQQ and having a System

Often the first step towards winning a contract involves completing a PQQ – Pre Qualification Questionnaire. When a company puts a project out to tender, the PQQ is used to create a shortlist of applicants who have the ability to deliver the job.

It’s vital that you take time to complete the PQQ properly; mistakes at this stage will lose you the opportunity of bidding for the contract. If you find yourself completing PQQs regularly, it’s useful to have a system as a lot of the information – though not all – will be repeated. We can provide PQQ writing services to help, or give some tips to give you the best chance of submitting successful PQQs.

 

Build up a database of information

All PQQs require basic information on your company, so keeping all the necessary documents in one place will make PQQ completion an easier process. Make sure you have easy access to the following:

Company name, type of business, contact details
Vat number and registered address(es)
Details of any ISO certification
A summary of your company and your business model
5 years’ accounts
Policy documents, including H&S, environmental and bullying policies
References
Client testimonials
Case studies
Risk management strategy
Accreditation certificates

Create a pricing strategy

While all contracts must be awarded on “best value” rather than price, it’s important that you get your pricing strategy right. When completing your PQQ, if you pitch too high you won’t progress any further in the process. However, setting your quote too low could indicate that you haven’t fully thought through the contract; alternatively, you could win the contract and then find you can’t actually deliver the goods at the price you quoted. Set up a pricing strategy as part of your system to ensure that you quote the right price every time. Make it a habit to keep tabs on the following:

Your costs – both in the short and long term
The competition – do you know what they are charging? If you don’t, how can you find out?
Discounts – can you offer discounts for repeat customers, over longer contracts etc?
Credibility – how much credibility will you “earn” through winning certain contracts, and how will that influence future quotes?

Perfect your presentation

Whatever you do, do not leave your PQQ until the last minute!

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