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BidWatch ServiceBusiness Opportunities Around the World For Oklahoma CompaniesIntro: Commerce Monitors the Global Market for You
Through its BidWatch Service, the Oklahoma Department of Commerce monitors these sources and lets Oklahoma companies know when RFPs are issued, the basic project/equipment specifications, and how quickly your company needs to respond. Commerce and its Global Business Services team work hand-in-hand with a number of federal and international agencies, including the U.S. Department of Commerce Foreign Commercial Service, the U.S. Small Business Administration Office of International Trade, the multi-lateral development banks, and the Export-Import Bank. Through this network, Commerce is your company's "ear to the ground" in every major global market. Opportunities abound for all Oklahoma businesses--large or small--so register now and start receiving BidWatch Service alerts via e-mail. Sample Bidwatch E-mail Alert
BidWatch Service Frequently Asked QuestionsQ: Can any company or business register for this service?
A: No; only Oklahoma companies can register for this service. If you are an out-of-state company or business, please consult with your respective state public or private international export and trade organization or with the U.S. Department of Commerce Commercial Service regional office regarding similar services.
Q: How do I sign up to receive the free BidWatch Service alerts via e-mail?
A: Complete the registration form, which asks for specific information about your company and its products and services. Once you've submitted the form, a Global Business Services team representative will follow up with you quickly.
Q: Can I sign up for the BidWatch Service alerts and respond to an RFP if I'm not currently exporting my products and services to international markets?
A: Yes; however because these RFPs are often issued with lead times of two weeks or less, it will be beneficial to already have exporting capabilities and experience in place, in-country partners, or at least have a strategic plan for launching your company into the global arena--all of which Commerce can help you with. For more information on what it takes to successfully operate or expand in international markets, check out our Export Assistance page.
Q: What types of information can I expect to receive through the BidWatch Service?
A: Not all alerts deal with RFPs. Some promote technical and professional training opportunities (conferences, web seminars), announcements on available trade mission funding, updates on new customs regulations, and step-by-step guides on how to apply for government contracts with the Department of Defense or multi-lateral development banks. Here's a sampling of past BidWatch alerts:
For those alerts calling for RFPs, here's a quick run down of what's included:
Q: How often are BidWatch Service alerts issued?
A: RFPs and other types of information discussed are posted to numerous company, government agency, and NGO websites. Some days there are only a few postings, and other days there are dozens. So the number of alerts you receive varies. Soon, Commerce will provide the ability for you to subscribe only to alerts related to your industry. Until then, you might expect to receive as few as one and as many as 8 to10 BidWatch alerts in any given week.
Q: If I decide to respond to an RFP issued through the BidWatch Service, what type of assistance does the Oklahoma Department of Commerce provide?
A: Commerce--through its Global Business Services team--will do everything possible to help you pursue business opportunities around the world. The most important first step is to tell us that you're interested by registering for this free BidWatch Service.
Depending on your company's experience with the complexities of international trade, you may also go directly to the U.S. government and/or contractor websites, gather information, and respond to bid opportunities without any involvement from Commerce.
Q: Who will I be competing against for these opportunities?
A: The bids are made available internationally. Commerce can only make sure that you know about the opportunities, how to bid, and, in the long term, develop and implement an exporting strategy that will grow your business. You are responsible for preparing your company's bid and meeting all the deadlines associated with these RFPs.
BidWatch Service Contact:Jesse Garcia |
Requests for proposals (RFPs) for everything from aerospace engines and medical sensors to engineering and construction services are issued daily for projects around the world. These business opportunities come from a variety of sources, and many of the RFPs require fast response.
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