Bid Package Overview

InEight Contract allows the following seven types of Bid Packages:

  1. Buyout Reserve – the amount of the original budget that is being set aside for completion or additional purchases later. This is typically used when you want to account for all the costs of your budget, including costs that have not yet been allocated to scopes of work in other bid packages. You can create a Buyout Reserve bid package to account for your unallocated costs, allowing all budgeted costs to be included in your reporting.
  2. Engineered Equipment – a type of equipment that is engineered to unique specifications and developed with a vendor or manufacture.
  3. Freight – an agreement for shipping by a third party.
  4. Permanent Material – for materials which have specifications tied to the prime contract. These materials are part of the structure or project.
  5. Professional Services – agreements for customized, knowledge-based service.
  6. Rental Agreement – agreements that define the amount of rent you will pay and the term during which you are responsible for paying it.
  7. Subcontract – a contract for a company or a person to do work for another company as part of a larger project.

In Contract, you can create contracts for all your work, but it may not be necessary to create bid packages for some of your contracts, such as professional services and rental agreements.

Overview – Bid Packages Page

The bid package ID is automatically assigned after you submit your bid package.

  Title Description
1 View

The View drop-down menu lets you specify whether to show all bid packages in the register or only those in one of the following sets:

  • Awarded

  • Unawarded

  • In approval

  • Rejected

You can also create and share custom views.

2

Actions Menu

View import history; run buyout review, procurement status and payment form status reports; and launch the InEight Explore Contract dashboard. The menu appears on all pages of the bid package. The Actions menu also is available on the Overview, Milestones, and Supporting Document tabs with the options to run reports or launch the Contract dashboard.

3

Tool Bar

Allows you to add, edit, delete, copy, import, export, add notes, access details and search bid packages.

4

Bid Package Register

A list of your bid packages.

Edit fields from the register

You can edit the following fields from the register:

  • Custom lists 1 and 2

  • Custom fields 1-10

  • Kickoff date

  • Project delivery date

  • Original base value

  • Contingency in estimate

  • Un-awarded adjustment

  • Escalation in estimate

  • Owner change amount

  • MIlestone float, date, and duration fields

When you hover over an editable cell, the borders are highlighted in blue.

When you make a change to any of the editable fields, a blue dot shows to indicate a change that has not been saved.

When you click Save changes, the edits are saved, and the blue dot is removed.

Edit fields in bulk

When you need to make the same change to a free-text field or drop-down list in multiple bid packages, you can select them all and edit them at the same time.

Step by Step — Edit fields in bulk

Edit fields in bulk directly from the Bid packages register.

You can edit free-text fields and drop-down lists only.

  1. Select the bid packages you want to edit, and then click the Edit icon. The Bulk edit dialog box opens.

  2. Select the field and the value. You can select up to five fields.

  3. Click Save.

Edit bid package fields in bulk

You can edit field values for a single bid package or for multiple bid packages in bulk. Columns that can be edited in bulk include those with free text or a drop-down list.

Step by Step — Edit bid package fields in bulk

When you need to make the same change to multiple bid packages, you can edit them in bulk instead of updating them individually.

Only bid packages that are not yet approved or converted to a contract can be edited.

  1. From the Bid package register, select the bid packages you want to edit, and then click the Edit icon. The Bulk edit dialog box opens.

  2. Select the field you want to edit from the drop-down list, and then enter the value.

  3. If you have additional fields, click the Add icon in the dialog box, and then repeat step 2. You can add up to five fields.

  4. Click Save to update the bid packages.