Create a Bid Room in Portfolio Financials
Note
This information is intended for accounts with
Portfolio Financials product in Procore. Please reach out to your Procore point of contact for more information.
Objective
To create a Bid Room in Portfolio Financials.
Background
The Bid Room in Portfolio Financials is a shared portal between the owner and bidders. Before you can send and manage bids, you must create and set up the Bid Room.
Things to Consider
- Required User Permissions:
- 'Limited' access to the project or higher.
Note: Users with 'Limited' access can only create a Bid Room from a cost item they created.
- Additional Information:
Steps
- Scroll to the Cost Tracker section of the Project Page.
- Click the arrow
icon next to a cost item.
- Click Bid Out.
Note: If your organization has the 'Sealed Bidding' feature enabled by Procore, you can choose whether you want this to be a sealed bid process. See How do I run a sealed bid process in Portfolio Financials?
- Setting up a Bid Room is a multi-step process. See the relevant tutorials below for the next steps.