Reviewing Proposal Vendor Bid Items

The Items tab on the Review Bid Summary component contains an accordion list of all the items in the proposal vendor's bid. Each row represents one item record. To view an item record, expand the row to display all the available information. You can view or change the following information:

• Section ID

• Section Description

• Alternate Set ID

• Alternate Member ID

• Proposal Item Line Number

• Item ID

• Item Description

• Supplemental Description

• Unit of Measure

• Item Quantity

• Bid Price

• Extended Amount

• Calculated Extended Amount

• Extended Amount Mismatch

• Low Cost Contributor

• Bid Requirement Code

• Bid Item Unit Price Comparison

• Failed Bid Item Requirement

• Valid Bid

• Bid as Lump Sum

• Lump Sum

The system automatically calculates the extended amounts for each item and compares this to the extended amount that was submitted with the bid. Any item that is found to have an incorrect extended amount (one that does not match the calculated extended amount) is identified with a value of Yes in the Extended Amount Mismatch field.

The system also validates bid amounts for items that have a required minimum or maximum by comparing the bid amount with the value set in the Bid Item Unit Price Comparison field. If the bid exceeds a required maximum or is less than a required minimum amount, the item is identified with a value of Yes in the Failed Bid Item Requirement check box.

• Note: Depending on an agency option setting, the system might invalidate a bid that contains an extended amount mismatch.

Related topics:

Managing Proposal Vendors