If you provide services to the mining sector, then you'll have to submit bids and tenders to secure certain jobs. While you can do your own preparation work here, you might find it useful to hire a mining engineer to help you with these processes.
Why is this a good idea?
Boost Your Chances Of Success
During the early stages of bids and tenders, you might be asked to submit estimates, project costings and detailed expressions of interest. Even if your company has experience working in the mining sector, you'll work blind here.
Your customers aren't going to tell you how much they will pay; you won't know what your competitors will charge. You can't tell how competitive contractors might pitch their proposals.
Your chances of winning new business are reduced if you don't have this information. You might lose out on contracts because another company makes the right pitch when you don't.
If you partner with a mining engineer, you can harness their skills and expertise. Mining engineers understand how mining projects work and what they cost. They understand what companies want from their contractors.
A consulting engineer helps you cost out a project so that you supply a fair and competitive price. They also help you showcase your company's skills and experience to new clients. They increase your chances of bid and tender success.
Save Money And Increase Profits
If you pitch a lot of bids and tenders but don't win many of them, then you lose money. The time you spend on every lost bid or tender is a cost you won't recoup and you won't have as much time to work on current projects that actually generate revenue.
You might also lose money if you pitch for projects in the pre-approval stage. Here, a mining company will put work out to indicative tender on projects that might never get approval to go ahead. These jobs are attractive; however, there is always the risk that they'll be shelved.
If you hire a mining engineering company to help organise your bids and tenders, then you free up your own time. They can handle requests, evaluations and submissions for you. If they help you win more work, your profits will increase.
Plus, mining engineers can evaluate pre-approval projects. They can use their experience to assess the chances that a project will get to completion. They can help you cherry-pick which jobs to bid on, and you'll save money if you don't waste time pitching for work that will never materialise.
For more advice, contact mining engineering pros and ask about their bid and tender services.