A contingency price can be used to set the bid price for a specific item. When sync’d synced to BidVAULT, the contingency price will be used for the specified items and will not allow the bidder to enter a different value than what was set by the project owner.
Instructions
To set a contingency price on an item:
From the contract list, click on ‘Details’ next to a contract.
Click on ‘Details’ next to the project where that the bid item was added is located in, or where you will add the bid item is going to be added.
Either Edit ‘Edit’ or Add an item ‘Add’ and enter the contingency price Contingency Price for the item.
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