Compliance and Risk Management in Tendering
Understanding compliance and managing risk are critical to success in the tendering process. This workshop is designed to equip small businesses with the tools and knowledge to navigate the complex compliance requirements and identify potential risks associated with bidding for contracts.
Through practical guidance and expert insights, you will learn how to align your bids with regulatory and buyer-specific requirements, ensuring they are both robust and compliant. This hands-on session will break down the key aspects of compliance and risk management, including how to assess contract terms, identify and mitigate risks, and implement effective governance practices that strengthen your bids. By mastering these elements, you’ll avoid costly mistakes, enhance your credibility, and improve your chances of winning contracts in a competitive marketplace.
Key Takeaways:
- How to access a grant of up to £8000 to help you win new contracts[LH1]
- Compliance Essentials: Understanding regulatory and contractual compliance requirements in tendering.
- Risk Assessment: Identifying, analysing, and mitigating potential risks in your bids.
- Governance Best Practices: Building robust frameworks to ensure ongoing compliance and reduce vulnerabilities.
- Evaluating Contract Terms: Recognizing unfavourable terms and understanding their implications.
- Avoiding Common Errors: Preventing compliance-related issues that could disqualify your tender.
- Effective Risk Mitigation: Proactively addressing buyer concerns to demonstrate reliability and trustworthiness.
- Practical Tools: Leveraging templates and checklists to streamline compliance and risk management.
Who Should Attend?
- Business owners, managers, and procurement professionals responsible for tender submissions.
- Organizations seeking to strengthen their understanding of compliance and risk management in tendering.
- Businesses that have faced challenges or penalties related to non-compliance in previous tenders.
- Teams aiming to build confidence in addressing buyer requirements while mitigating risk.
- Companies looking to improve their governance practices and ensure bid success.
By the end of this workshop, you’ll have the confidence and skills to interpret tender documents with precision, ensuring that your bids are fully compliant and compelling to buyers. This essential session will help you avoid common pitfalls and boost your chances of success in competitive tendering.
Speaker: TBC
This event is free to attend, and places are assigned on a first come, first served basis
This event is part of the Get Ready 2 Supply programme, delivered by the Greater Birmingham Chambers of Commerce in partnership with Newable. This programme is funded by the UK Shared Prosperity Fund (UK SPF). As a result, a range of data must be collected from all applicants to assess your eligibility to attend/participate in in Get Ready 2 Supply activities.
Please note: By applying to attend this event you are consenting to your information being shared by the GBCC with Newable, Birmingham City Council and Solihull Council for the purposes of the Get Ready 2 Supply programme.
About Get Ready 2 Supply
Get Ready 2 Supply builds on ongoing work to enable more small and medium-sized local businesses and social enterprises to access key procurement opportunities with members of the Birmingham Anchor Network and other large local businesses.
The programme is joint funded by both Birmingham City Council and Solihull Metropolitan Borough Council through the UK Shared Prosperity Fund and will directly connect East Birmingham and North Solihull businesses to customers and contracts.
Get Ready 2 Supply offers eligible firms in East Birmingham and North Solihull:
- One-to-one tailored supply chain readiness support from experienced business advisors
- Expert-led workshops, designed to ensure firms are ready to access supply chain opportunities
- Match-making ‘Meet the Buyer’ opportunities, where they will have the opportunity to discuss the provision of specific products and services
Get Ready 2 Supply will also award up to 10 eligible firms with capacity-building grants of up to £8,000 per business, to remove logistical obstacles to their contracting competitiveness.
For more information about GR2S click here
Venue TBC
