Sign up now for The lifetime plan of World Tenders.
World Tenders, the only Tender Portal that offers cash back on participating & winning Tenders. This way you can renew your 2nd year subscription for free with 12500 Cashback points earned. This is how it works.
Ref. | Description | Units | Total |
---|---|---|---|
A | 12500 Points purchased @ Rs. 1 | Rs. 12500 / Rs. 1 Point | 12500 Points |
B | Points required to view 1 Tender | 50 Points | |
C | Total Tenders + Document + Corrigendum you can view = A/B | 12500 / 50 | 250 |
D | Assume you participate in 10% of Tenders you view | 10% | |
E | Total Tenders participated = C*D | 250 Tenders * 10% | 25 Tenders |
F | Cash Back earned on every Tender you participate is 250 Points | 250 Points | |
G | Total Cash Back earned on Tenders Participated = E*F | 25 Tenders * 250 Points | 6250 Points |
H | Assume you win 1 out of 5 Tenders or 20% success rate | 20% | |
I | Total Tenders won = E*H | 25 Tenders * 20% | 5 Tenders |
J | Cash Back earned on every Tender you win is 1250 Points | 1250 Points | |
K | Total Cash Back earned on Tenders Won = I *Jv | 5 Tenders * 1250 Points | 6250 Points |
L | Total Cashback earned F+K | 6250 Points + 6250 Points | 12500 Points |