Often used in government or large corporate projects, the goal of a bid proposal is to persuade someone to choose your company to complete a project or piece of work.
It’s a specific summary of why you are qualified to undertake the job.
With bid proposals, there are often strict rules and regulations to adhere to and the bidding process is usually highly competitive. In fact, research has shown that the common win rate is less than 5%.
Companies compete to win a bid by submitting bid proposals that focus primarily on the costs to complete the project. But they also need to submit proposals that engage and persuade the reviewer that they are the best choice on both price and solution.
Use this 'Bid Proposal Template' checklist, alongside the proposal document you are planning to submit, to convince the recipient that you are the best choice.
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