Three suppliers quoted. The spec was written by one of them.
A competitive tender only discovers a price if the requirement is neutral. Often it isn't, and the paperwork is the last place that shows up.
SBy Steve··5 min read
A renewal comes round. The buyer does the right thing: three quotes, a scoring matrix, a signed recommendation. The incumbent wins by a comfortable margin, the file looks immaculate, and the price is roughly where it would have landed anyway. Everyone involved behaves properly and the exercise discovers nothing. The usual explanation is that the incumbent is simply better. Sometimes true. But there is a more common mechanism, and it is visible in the document that started the process. If the specification was drafted with the incumbent’s help, using their…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.