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Steps to Take After Winning a Contract
Sep 3, 2024
Winning a Contract: Steps to Take After Success
Notification of Winning
Notification can come via phone call or email.
Example: A call to process payment or registration in IPP (Invoice Processing Platform).
Reviewing the Contract
Compare the contract with your submission.
Check for consistency in pricing, dates, and quantities.
Example: Ensure that quantities like 80 tons are consistent.
Assess if you can fulfill the contract terms.
Avoid unnecessary legal review; focus on ensuring terms match submissions.
If You Can't Fulfill the Contract
Do not sign if fulfillment seems unfeasible.
Communicate with the agency to be removed from consideration.
Withdrawing is not detrimental; agencies may re-invite you to bid.
Importance of Communication
Key to success: Over-communicate and manage projects well.
Ensure all parties are informed about roles and responsibilities.
Signing the Contract
Electronic or physical signing options.
Understand payment processes (various systems like IP, faxes for GPO, DOD systems).
Kickoff Calls
Internal Call
: Inform involved vendors or service providers.
Reaffirm partnerships and share contact details.
External Call
: Arrange with the client within a week.
Discuss roles, responsibilities, and contact details.
Review invoicing procedures and protocols.
Managing Expectations
Identify and discuss any uncommunicated expectations.
Use agendas for clarity in meetings.
Executing the Contract
Ensure quality control and that deliverables are signed off.
Understand client-specific reporting and billing cycles.
Identify if reports are needed (weekly, monthly, or none).
Delivering the Service/Product
Ensure the client 'uses the thing' for financial flow.
For long-term projects, establish a rhythm for reports and payments.
Conclusion
Delivering on promises is more challenging than winning the contract.
Resources available at winnerswaybook.com and proposalwins.com.
Encouragement to put in effort and believe in possibilities.
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