How to Request an Estimate Using Open Bid (Buyer)

• Click Estimates in the Project Menu.
• Select Create Open Bid... from the Estimates drop-down menu.
• Select the spec(s) you'd like to include in your RFE.
• Click Continue.
• Enter basic information for your RFE.

Note that instead of an Estimate Due Date, the Open Bid RFE has a Bidding End date. This is the last day a supplier can quote the project.

• Enter at least one Quantity.
• You may choose to fill in the following optional fields:

• Initial bid: The maximum price you are willing to pay for this project. Suppliers will not be able to enter a price greater than the initial bid.
• Initial Unit Price: The initial bid, expressed in price per unit.
• Price decrement %: The minimum percentage difference in price a supplier must offer when they re-quote the project.
• Price decrement $: The minimum difference in amount a supplier must offer when they re-quote the project.

• If you entered price decrements, specify rules for them.
• Click Add... to select suppliers to receive the RFE.
• Click Send RFE.