Bid documents keep track of all your binds for prospective projects. A Bid document is usually created before a project, and it is often the first document created in a project’s workflow. You can attach one or more estimates to the Bid document, and the Bid document can lead to a Project Setup document.
You can also create a Bid document from a Project Dashboard. In such a situation, use the lookup on the Bid document to find the Project number to associate with the Bid.