Entering Discounted Price Bids

A discounted price bid is a bid you receive from a subcontractor where you enter individual bids for bid package phases, but the subcontractor provides a discounted bid total, should they be awarded all the work for the individual bids they provided.

 

To enter discounted price bid, click on the + Add Subcontractor at the top of the Bid Package Matrix. Add the subcontractor to the Bid Package Matrix. If you are using SmartBid or BuildingConnected, you will be selecting a subcontractor from the list of subcontractors for the corresponding bid package in SmartBid or BuildingConnected. For more information about BidMatrix integration with SmartBid and BuildingConnected, go to Integrations / SmartBid and Integrations / BuildingConnected. If you are using a local BidMatrix subcontractor database, you will be adding your subcontractor from that database.

 

Enter the individual bids for each bid package phase that the subcontractor is bidding. Next, enter the discounted price bid in the Discount Price cell for that subcontractor.

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