Agencies: Calculate the return on your Bid Express service implementation

To determine what your savings would be with the Bid Express service, please enter the following:

Time your agency spends per solicitation posting and advertising bids: hours
Time your agency spends per solicitation processing and entering submitted bids: hours
Time your agency spends per solicitation checking bids for errors: hours
Time your agency spends per solicitation distributing bid tab data: hours
Time your agency spends per solicitation communicating with contractors: hours
Average hourly rate of employees involved in bidding: dollars
Number of solicitations per year:
 

Your TOTAL savings PER SOLICITATION
with the Bid Express service:

 

Your TOTAL ANNUAL savings:

 

Here's the breakdown*:

The time agencies using the Bid Express service spend per solicitation posting and advertising bids typically reduces by 69%.
Your savings:   hours

The time agencies using the Bid Express service spend per solicitation processing and entering submitted bids typically reduces by 67%.
Your savings:   hours

The time agencies using the Bid Express service spend per solicitation checking bids for errors typically reduces by 63%.
Your savings:   hours

The time agencies using the Bid Express service spend per solicitation distributing bid tab data typically reduces by 86%.
Your savings:   hours

The time agencies using the Bid Express service spend per solicitation communicating with contractors typically reduces by 85%.
Your savings:   hours

You indicated that the average hourly rate for your employees involved in bidding is   per hour, which was what we used to calculate your savings in dollars.

*Data based on responses from a survey of agencies using the Bid Express service conducted in December 2008.