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Select a Bidder to Award a Contract to in 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. 


To select a bidder to award a contract to in Portfolio Financials.


After you have leveled your bids and decided on a winning bidder, you can select a bidder in the Bid Room to award a contract to. This will convert your Bid Room into a Contract Room. The Contract Room is a shared portal for you and your vendors to communicate and submit invoices and change orders.

Things to Consider

  • Required User Permissions:
    • 'Limited' access to the project or higher.
      Note: Users with 'Limited' access must be on the Bid Room Team for the project. 
  • Additional Information:




  1. Navigate to the relevant Bid Room
  2. Click the Manage Bids tab.
  3. Click Select this Bidder on the card of the vendor you want to award the bid to. 
    Note: If your organization has an approval workflow setup for awarding bids, the workflow will begin at this point. You will not be able to award the bid until it has gone through the approval process. See Approval Workflows.

See Also