Reduce Bid Costs and Increase Win Rates in Construction

On major bids, the processes for handling bids are poor but with clients ever more demanding, bid costs are rising while life-of-project profitability shrinks. We need to generate bids that win good contracts and don’t swallow the profits! Not only that, but the Government is pushing for greater transparency in bid management processes as it moves to counter allegations of corruption in the run-up to the 2012 Olympics.

The Issues
Bidding for new work is a critical process. Companies need to transform their bid managment process using technology to reduce costs and complexity and increase win rates. At WCI our process experts can work with you to review your bid process, design improvements and quantify benefits.

Model for Success
Bid Collaboration Environment - a centralised web based collaboration environment forms the basis of a best practice tendering process.  Information can be accessed securlely and remotely by the right people.

Portfolio Management - we will help you build an excellent portfolio of actual and potential projets, balancing available resources with future activity, matched with the expertise and people available.

Management Dashboard - an integrated dashboard provides up-to-date reports on your KPI's, across all bids. All managers can drill down to those bids needing their full attention ensuring quality, cost and time-scale targets are achieved.

The Benefits
The type of benefits you can expect to achieve include: reduced costs per bid by 15%, Increased number of bids getting to preferred bidder stage by 25% and return on investment delivered within 6 months.