The Low-Bid Dilemma: A Strategic Guide to Competitive Tendering
The Low-Bid Dilemma: A Strategic Guide to Competitive Tendering The Low-Bid Dilemma: A Strategic Guide to Competitive Tendering When a client repeatedly tenders similar projects, the pressure to reduce prices can be immense. How do you encounter this strategy without sacrificing your business? The Bidding Pressure Cooker In bidding and tendering, pricing is a complex mix of actual cost, risk-averse cost, and markup. This article isn’t about markup; it’s about the intense pressure to reduce the total bid price to […]
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