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Definition

Bidding is submitting a formal proposal or bid to complete a specific project or tender.

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FirstBit Contracting ERP facilitates this process through the following straightforward steps:

  1. Lead -   (The initial client inquiry or opportunity is identified.)

  2. Projects (Register the Project) - Create a new project entry based on the lead. 

  3. Project Estimates (Estimate cost of services, resources, materials)

    Assess and input expected costs for services, manpower, materials, etc.

  4. Quotation (Generate quotation with markups)

    Prepare a client-facing quotation, applying necessary markups to the estimates.

  5. Revision (Refine and resubmit if needed)

    Adjust and resend the quotation based on client feedback or internal updates.