Calling for and submitting tenders and bids is a fundamental element of the construction procurement process. Decades of industry practice and legal actions have defined its current state. The need for the inclusion of items such as separate prices, alternate prices, unit prices, combined prices, cash allowances, bid bonds and various schedules add to the complexity of the process. Differing processes and forms of contract drive the need for different tender forms.
The Bid Manager is designed to meet existing industry standards and requirements. Issuing Invitations to Bid is quick and easy. Bid Depository operators will benefit from a fully integrated system managing all aspects of a typical project closing. General Contractors and Developers are able to call and receive bids from Trades. Bids for Supply items are easily created and managed. Owners are able to call for and receive tenders from General or Prime Contractors.
Submitting bids online helps bidders eliminate the challenges of getting bid submissions delivered to the closing location on time. Receiving bid submissions online allows General Contractors and Developers to eliminate the phone and fax chaos of bid closing. Owners will benefit from the reduced risk of errors, omissions or disputes about closing procedures. An orderly and controlled bidding process is followed by the immediate availability of all submissions presented as either individual bids or in a spreadsheet format ready for analysis. The security and integrity of all bid data is assured.
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