ACE Group RFP Policy Report
ACE Group RFP Policy Report
Competitive Bidding, Contract Preparation and Contract Management Seminar
Introduction
ACE Group, founded in 1995, is a large Chinese corporation which specializes in corporate logo image design, advertising banner production and installation. It is a design, production, installation, engineering, and trade integration, an international brand and domestic famous enterprise comprehensive match Ad ID provider. As the leader of logo image industry, ACE not only has an area of more than forty thousand-square-meter production base, but also unites a number of highly qualified teams of professionals in more than 20-province network of services for the projects throughout China mainland, Hong Kong, Macau and the Philippines and other regions.
The Procurement Department is responsible for all company’s procurement or purchasing. The main items of procurement concerned fall into three categories: office utilities (including stationary and office equipments); production tools and equipments; construction and engineering service. Up to 65% of the group annual purchasing would select suppliers through competitive bidding (RFP). ACE Group has a RFP policy which outlines the general information of using RFP and provides a simple guideline throughout the RFP process, from initiating, issuing, developing, evaluating, and awarding the contract to the successful supplier.
As ACE was developed from a small family-owned business almost two decades ago, many business activities have been conducted in an arbitrary or subjective way, without formal rules or procedures to follow. In this policy, there exists obvious lack of some important information about RFP management, such as the main parts that should be included in an RFP and RFP documents, explanation of general evaluation criteria, assessment from review with or visit the vendors, change management and dispute resolve procedure, etc. In this policy report,
Competitive Bidding, Contract Preparation and Contract Management Seminar
Introduction
ACE Group, founded in 1995, is a large Chinese corporation which specializes in corporate logo image design, advertising banner production and installation. It is a design, production, installation, engineering, and trade integration, an international brand and domestic famous enterprise comprehensive match Ad ID provider. As the leader of logo image industry, ACE not only has an area of more than forty thousand-square-meter production base, but also unites a number of highly qualified teams of professionals in more than 20-province network of services for the projects throughout China mainland, Hong Kong, Macau and the Philippines and other regions.
The Procurement Department is responsible for all company’s procurement or purchasing. The main items of procurement concerned fall into three categories: office utilities (including stationary and office equipments); production tools and equipments; construction and engineering service. Up to 65% of the group annual purchasing would select suppliers through competitive bidding (RFP). ACE Group has a RFP policy which outlines the general information of using RFP and provides a simple guideline throughout the RFP process, from initiating, issuing, developing, evaluating, and awarding the contract to the successful supplier.
As ACE was developed from a small family-owned business almost two decades ago, many business activities have been conducted in an arbitrary or subjective way, without formal rules or procedures to follow. In this policy, there exists obvious lack of some important information about RFP management, such as the main parts that should be included in an RFP and RFP documents, explanation of general evaluation criteria, assessment from review with or visit the vendors, change management and dispute resolve procedure, etc. In this policy report,