Tendering offers Australian businesses access to high-value contracts worth $500K to $50M+, but each bid costs $10K to $150K with average win rates of just…
TL;DR
Tenders are used for high-value or complex projects and require detailed, formal responses. Quotes apply to straightforward purchases where price is the main factor.…
TL;DR: Tender thresholds determine when government agencies must conduct formal, competitive procurement. As of November 2025, the federal threshold for goods and services increased to…
TL;DR
Tender value is the total estimated dollar amount of a government contract opportunity.
In Australia, this figure determines whether contracts get publicly advertised, what…
TL;DR
Australia has five main tender types (open, selective, negotiated, single-stage, two-stage) plus four request formats (RFT, RFQ, RFP, EOI). Open tenders offer maximum opportunity…
Every year, Australian governments and major corporations spend billions of dollars procuring goods and services through a formal process called tendering. For businesses looking to…