Information technology tenders: What should you look for in a contract?

Before you start bidding for information technology tenders, you need to know what to look for in a contract. Luckily for you, the Technology Tenders Team are here to help.

By the end of this blog, you’ll know which contracts are most suitable for your business. As well as which ones to avoid!

What should you look for in a contract?

Next time you begin your search for information technology tenders, remember to ask yourself the following questions:

• Do you have enough experience?

This is crucial. The buyer will expect to see case studies that demonstrate your experience with information technology tenders. These should be similar in size, scope and complexity to the buyer’s project.

Without this experience, it’ll be difficult for your business to stand out from the competition. So, you need to keep this in mind when you begin your tender search.

• Is it financially viable? 

Tendering for contracts can be a lengthy, time-consuming process, that requires plenty of your time and resources. Therefore, you need to make sure that the information technology tenders you go for will actually benefit your business. In other words, you need to ensure that you’ll make a profit from the work. Otherwise, the time and resources you use to produce your tender response will go to waste.

Not only that, but there’s little point in tendering for work that won’t benefit your business in the long run. For example, imagine if you spent six months completing a project that didn’t result in a profit. That time would be better spent on delivering projects that are financially viable.

• Do you meet the financial standing? 

Another thing that you should consider when bidding for information technology tenders is whether you meet the financial standing.

What do we mean by this? Well, sometimes, a contract will require suppliers to meet financial requirements before they can bid for the work. For example, you might need to reach a certain annual turnover before you become eligible for the contract.

So, when you’re looking for tenders, make sure you don’t choose contracts worth more than 50% of your annual turnover.

• Can you offer something unique in the market?

Before you begin your search for information technology tenders, take a step back and assess your business. What are your USPs? Do you offer anything unique in the market? Are you offering something that your competitors aren’t?

When you spend time gathering this information, you’ll have a better idea of the contracts you’re likely to win. In turn, you’ll also know which contracts you should probably avoid!

• Does this fit with your long-term strategy?

If you’re tendering for work, you’re probably thinking about ways to grow your business. So, during your search for information technology tenders, think about your long-term business strategy. As you assess the tender opportunities, consider how this will help you meet those goals. If you can’t make a connection between the tender and your strategy, it might not be the tender for you.

However, if the opportunity manages to tick all of your boxes, it could be perfect for your business.

In summary

By now, you should know how to find information technology tenders for your business. Remember, you should ask yourself the following questions as you search for the perfect tender:

• Do you have enough experience?
• Is it financially viable?
• Do you meet the financial standing?
• Can you offer something unique in the market?
• Does this fit with your long-term strategy?

Are you searching for information technology tenders?

Technology Tenders can save you time on trolling through hundreds of sites. We source tendering opportunities so that you can focus on running your business.

What makes Technology Tenders different?

We use manual tracking

Other portals rely on the Common Procurement Vocabulary (CPV) codes to categorise tenders. However, they have been known to be ambiguous and file tenders under the wrong codes. This means you could be missing out on opportunities to tender.

Instead of using CPV codes, our Opportunity Trackers manually tag contracts they find to ensure they reach the right businesses. You can filter all live tenders using keywords, industry, location and budget to find the best opportunities for your business.

Don’t just take our word for it! Below are five examples of past tenders that we’ve sourced on the Technology Tenders portal:

Wheelchair Services IT Software Solution

Northumbria Healthcare Facilities Management Limited – North East – Budget: £100,000

Procurement of IT Technology Equipment for the South Central Institute of Technology

Craig Pullen Consulting – South East – Budget: £130,000

IT Consultancy Support

Minerva Learning Trust – Yorkshire – Budget: £180,000

IT Helpdesk and Managed Support Services

Raidió Teilifís Éireann (RTÉ)- Republic of Ireland – Budget: £400,000

RFT for New IT System for Ireland’s Department of Transport – Road Transport Operator Licensing Unit

Department of Transport – Republic of Ireland – Budget: £2,500,000

A subscription to Technology Tenders includes:

• Unlimited portal access. You can browse the portal to your heart’s content. See hundreds of opportunities, intuitively categorised and easily accessible.
• A dedicated Account Manager. They’ll handle any queries you may have about the portal. They can also answer any questions you may have about information technology tenders.
• A free, 20-minute phone consultation with a Bid Writer at our Hudson Succeed Division. Our expert Consultants will chat to you for 20-minutes about anything tender related. This could be questions about the process or a requirement in an information technology tender that you don’t understand.
• A daily email bulletin sent directly to your inbox. When you sign up to the portal, you will choose the specific areas in which you would like to tender. Then, a bespoke daily bulletin is created for you with all the relevant opportunities that have been posted to the portal that day. You’ve got unlimited portal access, but the daily bulletin makes things even easier, saving you even more time.

If you want to know more about how Technology Tenders could help your business, contact our team today. Our team can provide a free live trial, so you can try before you buy.

What else can we offer you?

So, you’ve found a tender that you want to go for but can’t find the right words. Our expert Bid Writers at Hudson Succeed can support you at every stage of your tender. They can answer any questions you may have about the process. From passing the pre-qualification questionnaire (PQQ) to finalising your response.

Our Bid Writers have an 87% success rate and over 40 years of bid writing experience. We offer tender support through four services:

Tender Writing

Simply send the bid specification to our team and they’ll write the tender response for you. They’ll even submit the bid on your behalf.

This service is priced per bid and we provide a full Tender Writing breakdown. You’ll know how long it’ll take, what we’ll need from you and when you’ll see an initial and final draft.

Tender Improvement 

With Tender Improvement, our Bid Writers will assess your previous tender responses and work with you to develop improved content.

Tender Mentor

You might also be interested in Tender Mentor. Our team will analyse your content and check for any errors before you submit your tender response.

Tender Ready

Tender Ready helps businesses that are completely new to the tendering process. We offer a three-stage process and a four-week programme.

Book a free, live demo to gain further insight into our services and see which opportunities can benefit your business.

On Technology Tenders, we post contracts for:

• Broadband services
• IT support
• IT recruitment
• Maintenance
• Consultancy
• Website development
• Software development
• Network services
• Cybersecurity
• Security systems
• and Hardware.

These are just a few categories in which we source technology tenders. We add new opportunities to our portal every day. The scope of buyers for whom you could deliver work is always expanding.

Now is the time for Technology Tenders – unlock your company’s potential.