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Tendering abroad? Why not!

Doing business with government is always a very delicate matter. There are usually two scenarios. Either you try it in a country with - let’s put it mildly – less developed institutions. Then the stink of corruption always sticks to your business there, no matter how clean you try to be.

Luckily, most of the developed countries have been able to eradicate substantial part of the shady business once involved in public procurement. Unfortunately, then comes the second scenario – bone crushing bureaucracy. A standard way how to keep tendering clean is to enclose it in several rings of rules, conditions, formalities and requirements. As an unintended consequence, small players and foreign players are often de facto excluded from tendering, especially when talking about smaller deals (yes, the fight for a nuclear power plant tender will be tough, even if the bid has to be Britannica-long). Getting through the country-specific rules for public tendering is simply too much for the potential reward given.

And that is simply unfortunate. In the private sector, it is pretty usual that companies from all corners of the world bid even for the small and most ordinary products or services - for the benefit of both seller and buyer. There is no reason why public procurement should be deprived of the advantages of globalization.

We created Tenderio to change this. It may be a small step for the world of tendering, but a big leap for some businesses, which have never considered expanding their business opportunities beyond the realms of their national borders. The whole magic is to make the complicated process of bidding simple – and Tenderio does exactly this. Starting with translation and ending up with turnkey bid preparation; it intends to bring small businesses into the big world of global bidding.

Check out our blog here.