Information on the Time tab on the Bid Entry Summary component is used for Cost Plus Time proposals. Proposal time information is merged with existing bid time information for the vendor and displayed in a rolling list.
If bids have been submitted for this vendor, current values for the following bid totals are displayed in the upper section of the component:
The Calculated Vendor Bid Item Total is the bid total calculated by the system. When bid item calculated extended amounts change, the system automatically recalculates the value in this field.
The Proposal Item Bid Total is the item bid total submitted by the bidder. You can modify the bidder's total bid by changing the value in this field.
The Calculated Vendor Time Total is the sum of all proposal time bids for the vendor.
If no bid time information exists for the proposal vendor, the Number of Time Units Bid field is blank, and if no proposal time information exists, the list is empty.
Below the bid totals section, the tab lists all the proposal bid times submitted by the selected proposal vendor. Each row contains an Actions button and current values for the following fields:
To change information for a bid time, click anywhere in that row. The system highlights the row in blue. You can add or change the number of time units bid.
When you are finished maintaining bid time information for the vendor, click the Save button to apply your changes. The system displays a message to confirm that your changes were saved in the database.