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MENU ITEM #7 fREQUENT q&a ON BUSINESS PARTNERING
"YOUR FINANCIAL RELATIONSHIP PARTNER"
Welcome
Will companies other than those who have paid the registration fee and been accepted on to the register, be invited to bid on projects?
Only those who have completed the Partnering Registration Application, paid the registration fees, been vetted and therefore been placed on the list of acceptable businesses, will be invited to participate on projects. Trust Management Services Inc. goes through an extensive vetting process to assure that contractor applicants are able to perform their required tasks to the highest standards of their particular industry.
How does being on the partnering register benefit the registered ?
Being on the Trust Management Services Inc. register of approved registrants affords the them the opportunity to participate on or acquire by request, only the best contracts. The full funding for the entire project is already in place before the project begins and therefore contractors do not face the usual delays or renegotiations that are so often a part of other jobs that the contractor might bid. Trust Management Services Inc., through the project management firms selected, becomes the ultimate "Go To" source for any problems that arise on the project and the contractor is left to perform the work he is best equipped to do, with no distractions.
Why does Trust Management Services Inc. charge fees up front to be registered with them as an approved contractor, supplier?
The vetting process that all applicants must go through requires an investment by Trust Management Services Inc. of both time, personnel and costs; what we charge pays a portion of this cost incurred.
This process, though expensive, assures the company that the registrants recomended are among the best in the industry and allows Trust Management Services Inc. to assure their clients the standard of excellence for which they are renowned around the world. Trust Management Services simply cannot offer their contracts to the general public and then begin the vetting process, as that would be unnecessarily time consuming and prohibitively expensive. We therefore, choose to work with contractors who are confirmed to display the ability to perform excellent work, on time and on budget consistently.
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With whom would you "Partner" our firm?
If you are an approved Partnering Registered Member, you may require local area professionals, laborers, logistic assistance, translators, a partner in the same business to relate concerns, or many other services - maybe just a contact point agent to work with to arrange matters for you - your choice, just let us know and we will arrange the contacts for you. If you are a seller of supplies to a particular industry and are seeking a reliable selling "Partner" for distribution or as a selling agent, we can assist your request. If you are a service company that requires a variety of explanations and clarifications before establishing permanently in a particular area or country, we assist with the introduction to a "Partner" who will help break open a new market frontier.
Do you only "Partner" in areas where you have projects being funded?
We can "Partner" based on our contacts around the locally, regionally and internationally, whether you are seeking new markets or strengthening for an anticipated market, or bidding on projects not involving ourselves, we will assist in the "Partnering" aspect for you.
Is this service or "Partnering" of real value for our firm?Ask yourself, if you are venturing into a "new" territory, what are the costs related to travel and employee time, developing associations and the gathering of "reliable" information? I am certain you will find our "Partnering" service of extremely high value in cutting both cost and time. The local knowledge that our introduced contacts provide, along with our vetting assurances that they follow the principals and values outlined on our website - combine to confirm that "partnering" offers real value!
"Your Financial Relationship Partner" Questions & Answers on Business Partnering
CONTRACTORS, SUPPLIERS and
SERVICE COMPANIES
Frequently Asked Questions
Why should contractors, suppliers and service companies register on the Trust Management Services Inc. PREFERED data base?
Those companies that are on the list will be permitted to bid and/or participate in the contracts that Trust Management Services Inc. is currently servicing and pursuing locally, regionally and internationally. Further opportunity is offered to the contractors, suppliers, consultants and service companies who register, to choose the "partnering" option to co-join with local area companies where a project may be scheduled, or to achieve a new market area of interest.
Why should registrants be interested in the projects that Trust Management Services Inc. is pursuing or currently servicing?
All contracts undertaken by Trust Management Services Inc. are long term, stable projects, commonly backed by the governments of the nations or the banks involved.
When international projects are aimed at improving the lives of the country's citizens as well as enhancing the economic well being of the nation in general. This translates to stability and a reliable income in the long term for contractors working with Trust Management Services Inc.
Additionally funding has been approved and arranged for and in most cases the funds can be paid outside of the country where the projects are being constructed. Note there are also local and regional contracts extended for projects.
By completing the Application Form and paying the required registration fee, is the company guaranteed a contract?
No, all registrants will be provided with a listing of current and future projects and will be invited to enter the bid and tender process, but must remain competitive to attain the contracts.
If, after being given the projects list and the registrant feels they can provide additional services, over and above those detailed in the application; will there be an additional fee?
One application and registration fee will be all that is required no matter how extensive the services are that the contractor requests to provide under most circumstances. Trust Management Services Inc. feels that any registrant should be allowed to participate to the utmost of their ability, in any and all areas that they should desire, but to be prudent, we must say "under most circumstances". There may be additional profit and success related participation costs depending on the circumstances, but these are known prior to any introductions.
What does the optional "Partnering" advantage mean to the contractors, suppliers and service companies?
If your company wishes to venture into regions where they have not completed work before, a great deal of time and money can be spent on establishing your company in this new region or country. By "Partnering" you will have a "helping hand" through this learning curve. Remember all participants are vetted through our process before they are introduced to you. We do NOT interfere with your business to business activities of your "Partnering" unless it is our reputation on the line.
Are there limitations on the number of areas and 'Partners' with whom we can be introduced?
Trust Management Services will introduce a partner or in some circumstances a menu of potential partners for and in a specific project application. If more partnering services are requested, in varied areas, we will adapt to fulfill your request. We are not adverse to receipt of success fees for the introductions we make, but this is all discussed before so there are no surprises. We have contacts and associates available as your partner or strategic alliance around the world and "Partnering" has proven to be a major area of success.
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