Insider's Guide For Subcontractors

Is the tendering business a new budding concept for you? Are you confused on how to address the opportunities of a government bid? Are you caught up in the pre-qualification criteria?

Well! The answer to all your above questions is ‘Subcontracting’. With negligible risk subcontracting lets juvenile contractors who are new in the industry gain hands-on experience on current ongoing projects without the need to meet qualification requirements. It is as simple as a trainee getting on-the-job experience without owning a certificate of the minimum qualification required to perform the job.

Though Government tenders offer many opportunities it comes with a set of eligibility criteria that is often difficult for new contractors to meet. Subcontracting on the other hand with no experience and limited capacity aids you to get your hands into top-notch government projects. Construction government tenders often offer many such subcontracting openings for beginners. When you decide to participate in a big government tender project you not only learn but also make yourself some money. 

Below are few points to ponder upon as a subcontractor if you are in search of a big government tender for the experience.

1. Find superior contractors

Contractors who have just got out of their education shell are looking out some cream tender projects to work on, need to make sure they choose a contractor which is experienced and knowledgable. Hands-on involvement with seasoned contractors not only allows you to gain valuable insights but also helps you set the path for future growth. Many online tender portals can help you find the right opportunities as a stepping stone to your contracting career. With customised feedback and step-by-step guidance from industry experts, TendersOnTime can make your journey in the tendering business smooth and successful.

2. Spread the word

Nothing in today’s world travels faster than word of mouth. Additionally, networking is a prime and unignorable job in the tendering business. It is very essential to reach the right person at the right time. Start with, letting people in the tendering industry know that you have the capacity and are available to take on new projects. TendersOnTime with its great track record offers you more than 40,000+ opportunities per day. 

3. Pipeline projects

As important it is to look for current opportunities it is also essential to keep a check on upcoming/pipelined projects. We recommend as a newbie you must keep the flow of work flowing with minimum or negligible breaks to ensure a successful career as a future diligent contractor in the market. Additionally, this will ensure that you as a contractor are seen often around by opportunists, making you more visible in the market.

4. Plan your project

It is expected that a bid response/document has answers to all your queries as a contractor. Hence, both subcontractors and contractors should perform thorough documentation and study of capacity, timelines, and work schedules before putting forward the offer to do the job to the contract award company. Also, feel free to ask questions that are unanswered, this can help you get a better grip of the project and eventually give quality results from your side.

Conclusion:

All in all, sourcing a subcontracting job can be a herculean task, especially in the nascent stage of your career. Keep in mind the above-mentioned pointers before making a decision. 

With its massive customer base ranging from various Fortune 500 companies to small and medium-sized businesses, TendersOnTime is delivering tendering information to its stakeholders for the last 50+ years. It keeps the clutter out and provides the right tender at the right time that compliments your skillset and experience. Subscription to TendersOnTime gets you to access daily insights specifically categorized to your industry and lets you know about the various subcontracting opportunities that are live and potential.