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Bid Room (Portfolio Financials)

This information is intended for accounts with Portfolio Financials product in Procore. Please reach out to your Procore point of contact for more information. 

If you are looking for resources related to the Bidding or RFIs tools in Procore's Bid Management and Project Management products, see Bidding and RFIs.

The Bid Room is a shared portal between an owner and bidders that is created by an owner when competitive pricing is wanted for a job. The Bid Room can be set up after a cost item is created in the Cost Tracker section of the Project Page. Within the Bid Room, owners can send out and manage the entire RFP process, including bid forms, RFIs, and bid leveling.

  • Invite multiple bidders to bid on a job.
  • Manage correspondence and RFIs with your bidders.
  • Compare and award bids.