Friday, January 9, 2009

Lost a Bid

We were not selected to continue in the bid process this week. A large telecommunications company located in our area gave us the honor of being included in their RFP list. We gave it our best shot but one of the things they looked at was company growth and receivables. Unfortunately our growth is flat and our receivables have gone down. We were also in the upper-middle tier on our pricing. There were some unknown variables inherent in the project that caused us to bid a bit higher. They gave about a week in a half to prepare the bid.

It's a tough economic market and this company had previously started this project with a subsidiary company of a very large corporation. They went bust, leaving them with a failed project to start over. The moral of the story is: size may matter but it doesn't guarantee success.

We have a strong history of successfully starting, continuing and completing projects. We have never let a customer down and had hoped that this would be considered. We are also proud of the people that have worked with us over the years. Some in our office, some from their homes. Local mothers for the most part that want to help with the family budget.

C'est la vie! If at first you don't succeed, try try again.

10 comments:

  1. I think still the market is experiencing the problem.It is because of the financial crises happened recently.It is good to hear your company history you have a successful starting history.

    ReplyDelete
  2. Thank you Day Care - we are hanging in there as are a lot of small businesses.

    ReplyDelete
  3. Its common to all especially when market is still recovering from Economy crisis and you have to compete at global level with lot of low rate providers

    ReplyDelete
  4. Very good, also learned a lot of knowledge.

    ReplyDelete
  5. Its nice to see you successfully starting, continuing and completing projects. Never mind, better luck next time. Its the good work that pays in the long run.

    ReplyDelete
  6. Thanks all for the encouragement. we have been neglecting my blog but have been awarded a couple of good contracts including one to key and validate over 800,000 police accident reports.

    ReplyDelete
  7. Go to peace n love in the world
    God is always with us. May the peace and prosperity of the world can be created. Indonesia We invite bloggers to participate reconciling the world. We finished all the hostility and war that had happened. Indonesian peace-loving
    kerja keras adalah energi kita
    kerja keras adalah energi kita

    ReplyDelete
  8. Just to find out what the situation is like now. Have things improved now that the economy is getting better?

    ReplyDelete
  9. It's interesting to know the company has a successful starting history. I bet you things would get better faster than you can imagine.

    ReplyDelete