Add a Contingency Price or a Bid Value

A contingency price can be used to set the bid price for a specific item. When 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.

  1. From the contract list, click on ‘Details’ next to a contract.

  2. Click ‘Details’ next to the project that the bid item is located in, or where the bid item is going to be added.

  3. Either ‘Edit’ or ‘Add’ and enter the Contingency Price for the item.