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How can a business bid for a contract effectively?

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Contracts are big deals that businesses and business people get to deliver their services in a massive scale. It brings good cash flow and profits to the business.

As a business, what are the tips that can make me effectively bid and win a contract easily?
 
I don't think there is a specific way though, I feel every contract has its method and process. The best thing to do would be to find out the needed process before bidding for the contract.
 
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