Winning Tenders: Understanding BEE & Functionality Scores + The Power of Joint Ventures
Did you know that tenders in South Africa are open to businesses of all backgrounds, including white-owned companies?
When bidding for tenders, many businesses focus only on pricing, but the truth is tenders are awarded based on a points system. If your bid lacks a competitive BEE score, functionality score, or strategic partnerships, you could be losing outβno matter how good your pricing is.
π‘ A high functionality score + a strong BEE score = a winning tender!
The Power of Joint Ventures (JVs) in Tendering
If your BEE score or functionality is low, partnering through a Joint Venture (JV) can give you a winning edge.
A JV combines resources, experience, and BEE credentials to score higher on tenders.
βοΈ Why Form a Joint Venture?
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Improve Functionality Score β Partnering with an experienced company strengthens your bid.
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Boost BEE Rating β A JV with a Level 1 or 2 company increases your BEE points.
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Access Bigger Tenders β JVs help small businesses qualify for high-value contracts.
βοΈ How to Structure a Winning JV
1οΈβ£ Choose a strong partner β Look for a company with good BEE credentials & experience.
2οΈβ£ Sign a clear JV agreement β Define roles, profit share, and responsibilities.
3οΈβ£ Register your JV β Ensure the JV is legally registered for tendering.
4οΈβ£ Submit proof in your bid β Include the JV contract and combined experience.
π‘ A strategic JV can take your tender from βmaybeβ to βwinningβ status!
π Final Thoughts: Winning More Tenders with the Right Strategy
Winning tenders isnβt just about offering the lowest price. You need a high functionality score, a strong BEE rating, and strategic partnerships.
πΉ Step 1: Ensure your bid meets the functionality threshold.
πΉ Step 2: Maximise your BEE score for extra points.
πΉ Step 3: Use Joint Ventures to increase your competitiveness.
At TolaTenderPro, we help businesses find the right tenders, prepare winning bids, improve BEE scores, and secure more tenders.
π Need help bidding for tenders? Book a FREE consultation by clicking here or get a quote for an expert-guided strategic tender bid that maximises your B-BBEE score by clicking here!
π» Visit: www.marketdirect.co.za
π§ Email: sales@marketdirect.co.za
π Call: +27(087)537-3199
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