5 Things to Know About Project Bidding Website Template WordPress Template
The word “bidding” might make you think of car auctions or online auctions, but it can also be the phrase used when a business undertakes a project to develop something that will create additional value for them.
A project bidding website is a type of website that is typically used to gather requirements for a project that the business is planning to bid on. The requirements are usually gathered from stakeholders, and they are either –
- prospective buyers or sellers of a project – for example, a business planning to sell cars, real estate, or office equipment;
- partners on a project – for example, a construction company and a real estate developer who are both interested in building a commercial property;
- suppliers of a project – for example, a manufacturer of cars or real estate)
- potential customers of a project – for example, individuals interested in buying cars, real estate, or office equipment;
- advertisers on a project – for example, an online auction site that is interested in displaying ads on a real estate site; or
- stakeholders of a project – for example, the people who work on the project (such as architects, engineers, and contractors)
The project bidding website template wordpress template is a simple yet professional looking web template that can be used to launch a project website for any type of business.
Why Use A Project Bidding Website Template?
There are a number of reasons why you might want to use a project bidding website template. Some of the most prominent reasons are as follows.
- product-centric websites that require a lot of information to be presented in a clean and easy-to-understand way;
- websites that have multiple parts or components that need to be presented in a streamlined manner (for example, the homepage, about us page, contact page, and so on);
- complex websites that have a lot of text and require a lot of attention to detail (for example, a news website or a review website);
- websites that want to represent a specific industry or segment (for example, real estate, medical, or legal websites); or
- websites that want to have a specific look and feel to them (for example, the look and feel of a professional services website)
To learn more, visit this FAQ page from the Thematic team.
What Will You Find On A Project Bidding Website?
Depending on what type of project you are bidding on, the details of which you have gathered from your stakeholders, you will either find a project bidding website that is entirely functional or one that is mostly a shell – with no content at all. However, this is not a bad thing. You can use a project bidding website to collect ideas, proposals, and so on, and then, once the project is completed, you can use the site to publish the results. This is similar to how regular websites are used.
Typically, a project bidding website will have the following sections.
- a header, featuring a short company description and the name of the project;
- a main content area, which includes a project proposal (usually made up of several parts, such as the objective, the deliverables, pricing, and so on), a short description of the product or service, and some supporting documentation (for example, contracts, legal documents, or technical specifications);
- a footer, which usually contains copyright information and links to the business’ website and social media accounts;
- a contact form, which allows the prospective buyer or seller to get in touch with the company that is managing the website; and
- some form of a navigation menu, at the very least, an About Us page that will feature the project’s key stakeholders and a Links page, which will contain a list of the business’ website’s affiliated social media accounts (such as Twitter, Instagram, and so on)
How Is The Legal Status Of A Project Bidding Website Different From A Regular Website?
If you are selling or buying goods or services that are worth more than $500, you will have to register your business with the government. Additionally, commercial websites that deal with items of a commercial nature – such as cars, real estate, or office equipment – are subject to the –
- Financial Services Act, 1990 (CFA)
- Canadian Securities Law, 2002 (CSA)
- Marketplace Transactions Regulations, 2014 (MMT)
- Regulations respecting Certain Transactions at a Distance, 2017 (PPDT)
- Distributor Reporting Requirements, 2017 (DORA)
- Fair Dealership Practices, 2018 (FDP)
- Canadian Anti-Spam Legislation, 2018 (CASL)
As a business owner, you will have to consider the legal status of your project bidding website, because just like any other business website you create, it is subject to the laws of Canada. Especially if you are selling or transferring good or services worth more than $500, you will have to consider the following aspects:
- registration of the business;
- compliance with all legal obligations, including sales tax, personal income tax, and so on;
- compliance with all securities laws, including the CFA, the CSA, the MMT, and so on;
- identity verification of individuals involved in the negotiation of a contract (this might be referred to as “know your customer” requirements, depending on the type of business and industry you are in); and
- continuing disclosure obligations – if you are involved in the negotiation of a contract and one or more stakeholders learns – during the course of negotiations – that you have a commercial website dealing with the same type of goods or services, they have a right to be aware of what you are doing (this is a legal requirement).
If you are developing a project that involves more than one company and you need to register with the government to carry out the project, you have to consider the –
- Corporation Registration Act, 1996 (CRA)
- Partnerships (Profit and Loss Sharing) Act, 2000 (PLLS)
- Small Business Corporations Act, 2001 (SBC)
- Incorporation of Foreign-Owned Businesses Regulations, 2001 (IFOBs)
- Condominium Act, 2003 (Condo)
- Condominium Living Agreement Act, 2008 (CLA)
- Landlord and Tenant Act, 1991 (LTA)
- Banks and Trust Companies Act, 2002 (BTA)
- Financial Institutions Act (no longer in force), 2008 (FIA)
- Public Trustee Offices Act, 2008 (PTOA)
- Trusteeship Regulation, 2011 (TRR)
- Trust Fund Regulation, 2011 (TFR)
As a business owner, project manager, or stakeholder of a project that is subject to the CRA, PLLS, SBC, IFOBs, CLA, LTA, BTA, FIA, PTOA, TRR, or TFR, you have to be aware that your project website is a legal entity that is distinct from your individual identity. You might also have to register the project with the government and file annual returns, listing your personal identity and the business’s registered identity (the company name and its legal address).
Is It Safe To Do Business Online?
Yes, it is safe to do business online. As a business owner, you will have to take certain precautions, just like in any other industry or environment, but you are not at risk of being criminally prosecuted for operating an online business.
Since the internet is governed by a –
- code of conduct
- security policy
– you will have to consider these documents in order to ensure that your business is running securely online.