What are tenders? Are they beneficial for my business?

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A tender is an invitation to bid for a project or accept a formal offer such as a takeover bid. Tendering usually refers to the process whereby governments and institutions invite bids for large projects that must be submitted within a finite deadline. The term also refers to the process whereby shareholders submit their shares or securities in response to a takeover offer. They are usually big sized deals from governments/ public companies and adds alot of value to your client's list as well as revenues. Working with government/public companies via tenders defiently adds alot of trust to your future prospects. Angel Analysts helps you to track such opprotunities and unlock them for your businesss on time.

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What are the things procured via tenders by different government or public companies?

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Organizations float tenders to buy both products and services based on the need of the hour. Government & Public companies buy products & services from a large pool that can be anything from vehicles, stationery, office equipment, cleaning materials, books, furniture, construction, catering, care services, foodstuff, bus services, refuse collection, IT hardware, consultants, maintenance, etc. Angel Analysts tracks all such opportunities for your company so that you can bid for them on time.

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Do I need to have a company to bid for tenders?

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To participate in a tender floated by respective organisation or institution it must hold a legal entity which is important. The legal entity could be of different types including given below:

1. Public Limited Company.
2. Private Limited Company.
3. Joint-Venture Company.
4. Partnership Firm.
5. Sole Proprietorship.

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We're a new company, can we still participate in the bidding process of tenders?

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Congratulations on your new company and the good news is that YES you can bid for some non-critical tenders despite being just a day old company. The government of India relaxed the tender participation rules for the startups of India, which enabled them to take part in government tenders and stand equivalent to the old/ experienced companies of the industry.
Angel Analysts can help you understand the entire process of tender participation whether you’re a day or 10+ years old company. Just fill in the form and connect with you.

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How do i find out about the different tendering opprotunties for my business?

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Once we have developed a Bid/No bid strategy with you, we will identify suitable tender opportunities for you. Most opportunities are published on various web portals. We have access to these and can advise you when a relevant contract is posted. Angel Analysts notifies you of the relevant tenders for your business every 3 days ensuring you don't miss out on opportunities.

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We have the tender information, but it looks technical to understand. How do we move ahead from here and bid for the tenders?

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Every tender from a different industry and Tender Inviting Authority has its own set of complexity from understanding the technicalities, decoding them, checking the qualifying criteria to successfully bidding for the tenders. Angel Analysts helps you to bid for the tenders by taking care of such complexities without you getting worried. As a company, you may focus on the best pricing and value offerings, and we take care of decoding the technical criteria & strategy for successful bidding.

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