Bid shading is a technique buyers use in first-price auctions to avoid paying too much, and its importance has increased as every major exchange has switched over to a first-price auction. “Bid ...

Discover how construction bidding software streamlines the preconstruction process, enhancing visibility and organization for both general contractors and subcontractors.

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

For all the complex requirements in a typical request for proposal (RFP) response, the question of how to price your bid can keep a bid manager up at night. If the price you are bidding is too low, ...

The bid-ask spread is the difference between the bid price and the ask price for a given security. The bid price represents the highest price a buyer is willing to pay for the security, while the ask ...

A WAR ROOM of a contractor on the day one large job or several small jobs are bid resembles a combination of a military headquarters, math professors office, psychological counselors office, gangsters ...

Many small businesses seek to expand their market by bidding on larger or more long-term projects. Contracts might include governmental Requests for Proposals (RFPs) or companies seeking to be the ...

When competing for excavation work, you'll have to bid for contracts. Understanding how to price your services requires first considering how much dirt you'll have to move, how much it'll cost you to ...