Experience the combined benefits of CPBid’s standard bid automation process with multiple stages of bidding and save. Cost reduction via CPBid’s multistage bidding process is being used by some of the most well-known brands in the world; retailers that are achieving measurable savings on the cost of every project. This unique bidding process provides more control and provides the bidder with more time to provide a thoughtful, thorough bid submittal. This has been recognized as a win-win solution for owner and bidder, and a perfect alternative to the frenzied reverse bid auction. The CPBid multistage bidding system is patent-pending and there is no substitute!

Multistage bidding is being used for construction bidding and for capital equipment purchasing. It is common to save 5% on construction projects and 10% on capital equipment purchasing. Strict owner controls ensure that the contractors and suppliers are scope-compliant and thorough with their bid submittals and supporting documents. A wide range of filters and schedules can be predefined at the template level or on a per-bid basis.

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