Over 400 Authorities Improve Bid Performance With PennBid
Authorities are tasked with providing cost-effective, reliable services, often with limited resources. PennBid’s powerful system streamlines the bid management process for all types of projects –capital improvements, facility rehabilitation, chemical purchase and more. With PennBid, you reach more qualified bidders, save time and money in every aspect of the bid management, and promote compliance and transparency.
Forget subscription-based services or developing your own system. With a unique business model developed through a public-private collaboration, PennBid is provided to all agencies posting and managing bids at NO COST whatsoever.
Free Historical Pricing Data For Estimating
Tired of guessing or trying to research pricing trends when budgeting or estimating projects? With PennBid’s no-cost Historical Pricing feature, you can query the extensive database to access unit costs, pricing differentials, and full descriptions, including unit quantity covering all projects in the system. Further, results can be sorted/filtered by geography and time frame.
Minimize Bid Management Time
On average, PennBid reduces the time and energy associated with bid management by 80%. Our intuitive platform allows even first-time users to effectively manage their solicitations with minimal effort. And if needed, PennBid has tons of resources to assist, including unlimited, free live support.
Reach A Larger Number Of Bidders
Over 32,000 bidder / vendor companies have come to rely on PennBid as a key source for RFPs, RFQs, and quotes. By eliminating the cost of participation, PennBid lets bidders pursue more opportunities while promoting greater competition, inclusion, and better pricing.
Issue Addenda In Less Than 15 Seconds
Upload your addenda documents, notify the bidders and you’re done. Yes, with just 5 mouse clicks and 15 seconds, your addenda are issued to your entire bidders list with automatic delivery verification!
Complete Bid Engagement Logs
PennBid puts powerful tools at your fingertips to ensure bidders adhere to key elements of the bidding process. This includes all required pricing information, along with documents to be included with submission. No more incomplete bids! Further, PennBid tracks all actions creating an auditable log of your entire bidding process.
Instant Bid Opening Analysis
Imagine opening your bids and instantly having automatic tabulations of results. PennBid’s enhanced analytic tools and customizable reports allow you to quickly compare and evaluate bid submissions and many other performance metrics.