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Choosing the right format for a business proposal in response to a Request for Proposal (RFP) is crucial for winning a contract. Following the RFP instructions and providing a tailored proposal format can increase chances of success, especially for government contracts. It’s also important to show extra value beyond meeting criteria.
When responding to a Request for Proposal (RFP), you should pay close attention to the format of your business proposal. Selecting the right format can greatly improve your chances of winning a contract. Selecting the wrong one can mean that even an ideal bid will fail.
By far the most important rule is to follow the RFP advice. You must ensure that you adhere to any specific instructions regarding the format of your proposal. Doing so is partly a courtesy, as it will help ensure that the organization has all rival proposals in a similar format, making them easier to compare. More importantly, providing the necessary format shows that you are willing to make the effort to follow precise instructions. Unless you’ve worked with the organization before or have a particularly strong reputation, this is one of the most effective ways to show that you’ll be able to follow the requirements for the project itself if you’re awarded the contract.
A business proposal format that will almost certainly include all relevant information is the five Ws – or, strictly speaking, five Ws and an H. This format answers six basic questions about your proposal. The format comes from a poem by Rudyard Kipling, which begins by detailing the six questions: “I keep six honest servants; they taught me everything I knew. Their names are What, Why and When, and How, Where and Who. ”
There are several specific points to note when choosing a business proposal format for a government contract. The key is that you must comply with everything listed in the RFP. This is because government agencies often have to follow strict rules about selecting the best proposal to avoid accusations of undue bias.
It is also worth looking for a document called a “statement of work” that accompanies the RFP and explains the criteria for selecting the winning proposal. Selecting a business proposal format tailored to these criteria can increase your chances of being selected. Whichever format you choose, it’s particularly important to ensure you meet the submission deadline, as government agencies often don’t allow them to exercise their judgment when accepting late submissions.
Whether writing a business proposal for a government organization or a private company, you must ensure that it goes beyond just showing that you can meet the criteria. Since other bidders can also do this, you need to show what extra value your bid can provide the organization. This can include feedback from past projects, awards you’ve won for your work, and anything else that shows you’re better than your rivals, not just of the same standard.
Asset Smart.
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