Bid management is the structured, end-to-end process of planning, coordinating, writing and submitting competitive proposals or tenders to win contracts. From finding new contract opportunities to managing deadlines and final delivery, effective bid management services can make the difference between simply submitting a bid and giving your business the strongest possible chance of winning new work.
At Executive Compass, we know how important bid management is for your team. Since 2009, we have completed over 7,000 bids and have secured over £5 billion worth of contracts for clients operating in a range of industries. We have a success rate in excess of 85%.
Contact us to see how we can support your business with external bid management consultancy to help you win more work.
Our Bid and Tender Management Services
Bid Strategy
It can be tempting to start writing as soon as you receive a tender; however, it is important that you carefully plan all aspects of your bid and tender application. As part of our bid management, tender management services and tender and bid writing services, we work with you to develop an effective bid strategy that works for your business with the bid management services we offer explained below
Bid Writing and Capture Planning
Have you identified your win theme and what your unique selling points (USPs) are? If not, our bid writers and our complete tender management service can help you to leverage even the smallest advantage into a contract-winning idea. All companies need an edge. So, whether you are a small independent company, an SME or a blue chip PLC, we can help you to build a persuasive and compelling narrative into your tender responses, which will win you more work.
Bid Design, Layout and Formatting
E-tendering has not removed the ability to add a design element to your submission in the tender process with images, formatting and design elements often allowed. Where formatting is heavily dictated by the buyer, even the use of white space, bullets and standardised indents and font can make a difference in terms of readability, which should not be overlooked. Our bid writers take all this into account as part of our writing and tender management services when presenting your final draft of tender responses.
Proofreading
No one can effectively proofread their own work. Our tender management service includes proofreading of the completed tender by an external and independent professional third-party company as part of the service by our bid team. This enhances the professional feel of the overall submission, with grammatical mistakes that can come across as messy and unprofessional removed.
Bid Management vs Bid Writing
Bid management is the overarching coordination of strategy, team and process across one or multiple tenders, while bid writing focuses on drafting the tender response itself.
Bid management is centred on the end-to-end coordination of the entire bid process, ensuring that all aspects of the submission comes together effectively, on time and in line with a well-defined win strategy. A bid manager will oversee the process and work with your internal team to develop the overall bid strategy and win themes, plan timelines and submission schedules, and ensure compliance with all tender requirements.
Bid writing is the creation of high-quality, persuasive tender responses that position your business as the most suitable to take on the contract and why. A bid writer will take complex technical, operational and commercial information from an organisation and transform it into a coherent and compelling bid response that aligns directly with the buyer’s requirements and scoring criteria.
At Executive Compass, we offer both bid management services and bid and tender writing services, either separately or combined, depending on your organisation’s requirements. External bid management consultancy brings specialised expertise to your response and allows your staff to focus on daily business operations.
How we identify the right opportunities
Tender monitoring and opportunity tracking is the automated or manual process of identifying relevant contract notices and bidding opportunities on procurement portals. This process helps you determine if a contract is right for your organisation before you begin the complex and often lengthy bidding process.
An expert bid manager from Executive Compass can work with you to identify if an opportunity is right for your business by monitoring both public and private procurement portals, in line with the experience and skills of your organisation. They will scan these portals using relevant keywords, geographic filters and Common Procurement Vocabulary (CPV) codes.
Bid/no-bid decision support
The bid/no-bid process is the critical first step your organisation must take before committing internal resources or hiring an external bid management consultancy, like Executive Compass, to support them through the bid response.
Our team of bidding experts can also help you make a bid/no-bid decision, which comes from understanding factors like the capability and capacity, evidence and track record, and profitability and fit of your business.
Deciding whether to bid is important, but professional guidance can be the difference between receiving an unsuccessful result and being awarded the contract or a place on the framework. At Executive Compass, we provide bid management services UK businesses choose to help them make a bid/no-bid decision before they invest resources into completing a full tender response.
Your Bid, Your Choice
You remain in control of the final version via structured meetings, reviews, and the use of our bespoke bid management process.
Regardless of the size, scope or complexity of the bid, our bid and tender management services have been proven to be successful for managing a variety of bids and increasing your chances of winning another contract. Our bid management service can be provided either on site or remotely, or by using a blended approach of embedded staff with remote support from our office. We also provide interim bid managers for longer-term projects.