An Online Bidding record is automatically created for each bidder that you add to Procurement records. Data entered in the Online Bid can automatically update the data displayed in the Procurement Bidder Matrix and Bid Items tabs and can, in turn, be used to automatically generate a Commitment to the awarded bidder. While Online Bids are automatically created you are not required to use them. You can, if you prefer, ignore the Online Bids and manually enter the data directly in the Procurement record. Manually entered data can also be used when generating a Commitment from a Procurement record. See Procurement Header Toolbar for more information about generating Commitments.
An unlimited number of revisions to each Online Bid can be created but only one revision per bidder can be designated as the current bid at any one time. This is called the "Best Bid". See Procurement Manage Bids Tab for information about Best Bid and managing multiple revisions.
