PennBid Overview and Introduction
Welcome to PennBid – the region’s leader in online bid management.
Founded in 2009 through a public/private collaboration with a municipal consortium in Bucks County, PA, the goals were simple: create a state-of-the art online sealed bid platform for public agencies that lowered the cost of bid management for agencies and bidders alike, while benefitting the public. In addition, PennBid enhances integrity, bid transparency, and improves bidder inclusion.
Cost-efficient public agencies, along with engineering and architectural design firms, understand how to reduce costs and waste by differentiating themselves with various strategies and tools. The PennBid Program provides a state-of-the-art electronic bid management platform which offers tremendous value to agencies and provides a competitive benefit to design firms.
Fundamentally, the PennBid Program was developed to accomplish two goals:
- Dramatically save time and decrease costs on every aspect of the bid management process for both the posting agency and bidders.
- Foster more aggressive bid pricing through larger bidder pools and reduce costs for potential bidders.
This unique approach – rooted in minimizing costs, not just shuffling them around – has led to over 1,900 public agencies and design firms trusting PennBid. A number that grows every day.