We have transparency as one of our pillars in order to contribute to strengthening governance. To exemplify how this happens in practice, we can mention access to processes that remain permanently available for public consultation on our Portal.
In addition, we have the legal advice of one of the most renowned administrative law firms in Brazil: Jacoby e Reolon Advogados Associados and the support of Instituto Protege .
Therefore, we guarantee that all services provided are in accordance with current legislation and adhere to the recommendations of control bodies, enabling the fight against corruption, generating greater savings for public coffers and thus contributing to social justice.
Not only can you sign the contract, but you should! Closing a deal with the government is a great way to bring visibility and prestige to your company, after all, you will be closing a deal with the largest buyer in the country!
However, as we have seen, the process is not as quick as some people imagine.
First of all, the company must go through the qualification phase, in which it will prove its qualification to sell to the government.
After that, there is still the appeal phase, in which another bidder, if correct, may end up winning the bid ahead of you.
However, remembering again: even in these cases, it is important to pay attention to announcements from the government, as there may be a problem with the winner and then the government will want to close a deal with your company.
What happens if I am late in signing the contract?
If the winner of the contest does not sign the contract within the deadline established in the notice, he runs the risk of losing the bid altogether.
This is because public administration wants speed in its processes, that is, as it naturally has many stages, it is necessary that all of them take place within the deadline so that the contracted products and services arrive as quickly as possible.
Therefore, in cases where the winning bidder delays signing the contract, the public authority files a request for the execution of the bidding process and puts the second-place bidder ahead of the winner.
I won the bid: what now, should I take out a surety bond?
The answer to this question is: it depends. If some form of guarantee is required in the notice, then you should definitely take out a surety bond .
Today, according to the New Bidding Law , once a bidder wins a bid, he has 3 options: pay a cash deposit, take out financing at a bank or take out a surety bond.
All of this is described in detail in Art. 96 of the New Bidding Law ( Law No. 14,133/21 ):
Art. 96. At the discretion of the competent authority, in each case, provision of a guarantee may be required, subject to the provisions of the notice, for contracts for works, services and supplies.
§ 1º The contractor shall be entitled to choose one of the following types of guarantee: I - cash or public debt securities issued in written form, registered in a centralized settlement and custody system authorized by the Central mobile phone number database Bank of Brazil, and assessed by their economic values, as defined by the Ministry of Economy; II - surety insurance; III - bank guarantee issued by a bank or financial institution duly authorized to operate in the country by the Central Bank of Brazil.
Among these three possibilities, the best of all is certainly the surety bond, as it is a cheaper alternative and much easier to do.
While collateral can end up hurting your company's cash flow, financing from a bank is usually time-consuming and requires a huge pile of documents.
The same does not happen when we are talking about surety insurance. Nowadays, with automated and completely online processes, the surety insurance policy contracted is already issued on the same day of the request.
In other words, choosing the surety insurance modality is much more advantageous for both the contracted company and the public authorities, as it speeds up the process, or, in other words, makes it faster and more efficient.
At Mapse, you can get an insurance quote online in just 30 seconds!
If you don't even know where to start looking for warranty insurance, you can take a look at Mapse , a Public Procurement Portal solution that will help you find the best cost-benefit warranty insurance on the market!
How does the Public Procurement Portal help you at this time?
How the Public Procurement Portal helps you at this time
The Public Procurement Portal has been helping entrepreneurs throughout Brazil sell to the government. We receive around 80 bidding processes per day and have around 120 entrepreneurs winning bids every day!
Additionally, we offer a free bid alert for companies nationwide. Simply sign up for the alert and you should start receiving 3 times a week government sales opportunities in your area.
On the Public Procurement Portal, an average of 4 billion reais are transacted per month in tenders and we are present in more than 1,900 Brazilian municipalities in all regions of the country!
Sign up for our bid alert! It's free!
Conclusion
As we have seen throughout the text, contrary to what many people imagine, a bidding contract is not signed as soon as the winners are announced.
In fact, before that, the winner of the contest must go through a qualification process, in which he will collect the necessary documents to prove that his company operates within the law and is qualified to sell to the government.
After this phase, there is still the appeal phase, in which other bidders who did not win the contest can file an appeal so that the bidding process can be audited.
If the appeal proposed by one of the bidders is approved, then the winner of the bid is changed. In this case, your company would no longer be the winner and another would take its place.
However, even in these cases, there is no reason to despair. It is possible that the new winning company may have problems during the qualification phase or withdraw from the contract.
In these cases, the government has a database with your proposals and can call you again to be the supplier.
Therefore, remember: always pay attention to public administration notices and publications.
It should be noted that, in many cases, the winner of the bid must offer some form of guarantee to the public authorities.
This guarantee can come in the form of a cash deposit, through financing with a bank or through a surety bond.
Of all three options, the best is certainly the surety bond, as, in addition to being more practical for the winner of the bid, it also speeds up the bidding process.
If you have won a bid that requires some form of guarantee and you don't know where to start looking, then take the opportunity to get to know Mapse , a solution from the Public Procurement Portal that will help you find the best cost-benefit guarantee insurance on the market!