(Free Press Release) As part of the governmentâ€˜s efficiency drive, competition is increasing in the public sector as contracts become more centralised. Within the commercial arena, the quest for savings and improvements in service and productivity are also never-ending. This has resulted in bid authoring and bid management skills being in stronger demand than ever. Bid Perfect provides bid consulting and training to companies competing for new business and organisations who must protect their existing customer base.
The company has shown strong operational and financial performance during the first half year for 2010/2011, enlarging its portfolio, with its skills and capabilities in demand in both established and new markets. Bid Perfectâ€˜s business is well organised, expanding and ready to grow.
In H1 the company experienced good growth from small and medium-sized wins and also from progressively larger corporate clients to increase turnover by 48% from £116,000 to £163,000. A substantial opportunity pipeline indicates continued strong organic revenue growth for the second half of the fiscal year and further progress towards the 2012 targets. As much as 40% of revenue is still generated from Small and Medium Sized Enterprise (SME) clients.
Different approaches across markets, from partnering arrangements to social enterprise initiatives, help Bid Perfect to understand underlying drivers and add value to their services and working with clients as an embedded interim resource has proved very successful in contributing to the clients' revenues.
Bid Perfect offers tender writing services, including training. Their win rate on public sector bids remains consistently in the region of 90% and, with the UK government intending to increase competitiveness in the market, significant opportunities are expected to continue to present themselves for a positive outlook through 2011 to 2013.
Further information on Bid Perfect's services can be found on www.bidperfect.co.uk