NetVendor Bidding
NetVendor Bidding is a new feature on the NetVendor Platform that allows property managers to create projects and invite vendors to bid on those projects all within the app. Learn more about this exciting new feature by watching the short video below and checkout our frequently asked questions.
Frequently Asked Questions
NetVendor Bidding is a new feature on the NetVendor Platform that allows property managers to create projects and invite vendors to bid on those projects all within the app. Vendors can view projects, communicate in real-time with project leads, share files, and submit bids for projects.
When NetVendor Bidding launches, we want to send bid notifications to the right person at your company so that you do not miss any opportunities. Please do the following steps outlined in the video to the right.
1. Update Search Categories: By clicking “Edit your profile” from the drop-down menu under your name (upper right). Click on the “Category” tab and select all services you provide. (Multiple can be selected by holding down the control key)
2. Add Additional Bidding Users: Navigate to the “Users” tab on the left and click create new user. From here, you can enter their profile information, and select either “Bidding Manager” or “Bidding User” under the user type drop down.
3. Update your profile: By clicking “Account Settings” from the same drop-down menu. Please ensure your name, email and phone number are up to date.
NetVendor Bidding will put your company in front of Property Managers in your area who are searching for vendors to submit bids for upcoming projects. This will streamline the bidding process, saving you time and helping you to grow your business.
Once NetVendor Bidding launches, Property Managers will begin creating projects inside the tool and inviting vendors to bid on those projects. If your company is invited to bid on a project, you will receive an email with details about the project and a link to the Bidding feature within your NetVendor profile. These emails will come from [email protected] and the subject line will be “Invitation to bid” followed by the project name and ID.
There is no limit to the number of projects you can submit a bid for.
When Property Managers need to find vendors for a project, they search the NetVendor database for vendors providing the services they need in their area.
Not at this time. You must wait to be invited to bid on a project.
Yes. There is no penalty for not submitting a bid on a project.
There is no set number, but PM’s often want 3-4 bids per project.
Yes, there is an “Edit Bid” button on Bid Details page. Note: Bids can only be edited until a winning bid is chosen.
No, and they cannot see you. Only the PM can see all vendors bidding on a project.
No, you can decline to bid on any project for which you do not wish to submit a bid.
For a limited time, we are waiving processing fees on accepted bids. At a future date, a nominal success fee will be charged. This fee is part of our commitment to continually provide you with top-notch services and support. We’ll provide ample notice and detailed information about this fee structure well in advance, ensuring you have all the information you need to continue bidding successfully.
As a Vendor, you may receive the following notifications via email:
- Invitation to Bid: When a Project Manager invites you to bid on a project.
- Bid Reminder & Deadline Approaching Reminder: Reminders for projects you haven’t bid on yet.
- Bid Deadline Changed: When a project’s bid deadline is updated.
- Unread Message Notification: When a Project Manager sends you a message.
- Bid Accepted/Bid Declined: Updates on whether your bid was successful or not.
- Project Closed: Notification if a project is canceled or closed by the Project Manager.
You can access NetVendor bidding by logging in to NetVendor and clicking on “Projects” in your Left Menu.
From the NetVendor bidding Screen click on the “Create New Project” button to get started.
No, after creating a project you can save it to your projects list and invite vendors when you’re ready.
- There are several steps you can take to find more vendors:
- You can increase the Radius of your search (default radius is 25 miles from your zip code).
- You can expand your vendor search using the “Search NetVendor’s Public List” feature
- You can manually enter the zip code for the nearest large city
Vendors are notified via email and then can login to their NetVendor account to view/manage Projects.
Estimated project budget is optional by default, but your Company can choose to make it a required field.
Yes, you can edit a project using the “Edit Project” button in actions menu. Note: The Edit Project feature is only available prior to inviting vendors to bid on the project.
Yes, you can send files to a specific vendor using the “Send Message” using the messaging feature next to the vendor’s name on the “Invited Vendors” tab.
Yes, you can edit the bid deadline by clicking in the bid deadline field in the upper right of project screen.
Yes, both the winning and all non-winning vendors will be notified via email and in NetVendor Bidding.
