TAP> Tender Procedures for a New Venture
Course Purpose This unit standard is a core standard and forms part of the qualification, FETC in New Venture Creation and is registered at level 2 on the National Qualifications Framework. Learners working towards this standard will be working within …
Course Purpose
This unit standard is a core standard and forms part of the qualification, FETC in New Venture Creation and is registered at level 2 on the National Qualifications Framework. Learners working towards this standard will be working within a SMME (Small, Medium, Micro Enterprise) environment, specialising in New Venture Ownership and Management, where the acquisition of competence against this standard will add value to one’s job. This standard will also add value to entrepreneurs who are seeking to develop their entrepreneurial skills so that they can become more marketable for bigger contracts, including commercial and public sector contracts, for example the Department of Public Works programmes. The qualifying learner is capable of procuring and reviewing a tender document, preparing and completing a tender document and submitting a tender document.
What you’ll learn
Acquiring and reviewing a tender document, preparing and completing the necessary details in a tender document, and submitting the tender document are key steps in the process of participating in procurement opportunities and competitive bidding processes.
Duration: 1 Day
Curriculum
- 3 Sections
- 14 Lessons
- 1 Day
- Unit 1: Procure and review a tender document5
- 1.0A tender work prospecting system is identified and set up within the context of the business plan
- 1.1The process of procuring a tender document is followed
- 1.2Tender documents are reviewed to determine if it is viable to pursue tender in relation to business opportunities and risks
- 1.3Where relevant, the prospect of pursuing tenders on a joint-contract basis with other small enterprises is determined in order to meet tender capacity and resource requirements
- 1.4Where relevant, external sources and expertise are sought to assist in completing tender documents
- Unit 2: Prepare and complete a tender document6
- 2.0Information is extracted from bidders meetings and tender documents
- 2.1The tender requirements are listed and the venture’s ability to comply is determined
- 2.2A work breakdown or product itemisation is performed
- 2.3Allowable unit costs for all work activities or product items are calculated
- 2.4Profit mark-ups are implemented to produce selling prices
- 2.5The schedule of quantities or products or services are completed
- Unit 3: Submit a tender document3
Requirements
- Grade 10
- NQF Level 2