This unit standard is a core standard and forms part of the qualification, FETC in New Venture Creation and is registered at level 2 on the National Qualifications Framework. Learners working towards this standard will be working within a SMME (Small, Medium, Micro Enterprise) environment, specialising in New Venture Ownership and Management, where the acquisition of competence against this standard will add value to one’s job. This standard will also add value to entrepreneurs who are seeking to develop their entrepreneurial skills so that they can become more marketable for bigger contracts, including commercial and public sector contracts, for example the Department of Public Works programmes. The qualifying learner is capable of procuring and reviewing a tender document, preparing and completing a tender document and submitting a tender document.

Acquiring and reviewing a tender document, preparing and completing the necessary details in a tender document, and submitting the tender document are key steps in the process of participating in procurement opportunities and competitive bidding processes.

Course Content

  • A tender work prospecting system is identified and set up within the context of the business plan
  • The process of procuring a tender document is followed
  • Tender documents are reviewed to determine if it is viable to pursue tender in relation to business opportunities and risks
  • Where relevant, the prospect of pursuing tenders on a joint-contract basis with other small enterprises is determined in order to meet tender capacity and resource requirements
  • Where relevant, external sources and expertise are sought to assist in completing tender documents
  • Information is extracted from bidders meetings and tender documents
  • The tender requirements are listed and the venture’s ability to comply is determined
  • A work breakdown or product itemisation is performed
  • Allowable unit costs for all work activities or product items are calculated
  • Profit mark-ups are implemented to produce selling prices
  • The schedule of quantities or products or services are completed
  • The completed tender document is checked to ensure compliance to criteria outlined in tender document
  • Information relating to tender submission is extracted from the tender documents
  • The tender is submitted within the time, manner and criteria stipulated in the tender document
  • Procedures, which are in alignment with legislative and organisational requirements, are developed for the administrative systems.
  • The procedure for each element of the administration system is explained to employees in line with the policies developed.
  • The policies and procedures are collated into a written manual in company-specific format.
  • Non-accredited: Short course only  
  • Duration: 1h 30m
  • Delivery: Classroom/Online/Blended
  • Access Period: 12 Months 
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