Before bidding on a contract, you should know all about the company that is going to award the contract. It is recommended that you search for their operations and talk to the people who they frequently conduct business with. Knowing about their way of operating the business and terms and conditions always prove to be helpful.
You should also check their financial condition, making sure that the company is sound and stable and you money will not be dumped if you conduct business with them.
While bidding on a contract, you should enlist all the details including the equipment required for the job, the amount of material required and other costs.
After stating the cost of the contract, you should try to convince the company that you have the required skills and abilities to complete the contract in time. Providing the company your portfolio might help you in attracting the contract.
After you have quoted your bid, you should stay in touch with the person heading the bidding process. You must contact him after equal intervals of time to get latest updates about the bidding contract.