Question:
How does the Bid Analysis report handle multiple bids per project?
Answer:
sfPMS understands that you may bid the same project multiple times, perhaps to various CM or GCs that are bidding in turn. When a SINGLE PROJECT has MULTIPLE BIDS, the Bid Analysis report is designed to focus on a single bid and picks the bid with
- The highest probability
- The LOWEST, but NON ZERO bid value in (sum of items). (You are most likely to win the lower your bid.)
Where
- Winning bids are considered before other bids
- Open bids are considered before lost bids
- Bids with zero amounts are ignored because they are likely incomplete
Lost bids are included so you can track lost opportunities and market share.
KBA-01544; Last updated: November 15, 2016 at 14:26 pm