Skip to main content
Procore

What is the Tender Room in Portfolio Financials?

  1. Last updated
  2. Save as PDF
 Note
This information is intended for accounts with Portfolio Financials product in Procore. Please reach out to your Procore point of contact for more information. 

Answer

The Bid Room is a portal in Portfolio Financials that is shared between owners and bidders during the bidding process. Each Bid Room has four different tabs for managing bids: Trade Setup, Bid Form, RFIs, and Manage Bids.

The following actions are some examples of what can be done in a Tender Room:

  • Share the RFP package
  • Invite tenderers
  • Manage communications and RFIs
  • Compare and award tenders

Vendors can only see the Tender Rooms that they have been invited to. Within a Tender Room, they can post RFIs, send messages, and submit tenders. See Resources for Vendors.

Video