WHAT IS A BID? To start the very important topic, let’s discuss ” what is a bid “. A bid is a calculated money where one company is looking to purchase the services of a vendor, who deliver the services. A great example is a government policy that invites other private companies to submit a bid on a project. Various companies then prepare a proposal, which discusses what the company would be able to provide, their timelines to complete the … Continue reading “Bid management”