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Tender Bidding FAQs

Frequently Asked Questions

Get answers to common questions about tender bidding and QuickBid platform

OVERVIEW

QuickBid is an AI-powered SaaS platform that automates government tender workflows. It helps businesses discover tenders, analyze RFP documents, generate compliant bid submissions, track outcomes, and manage post-award activities within a centralized digital environment.
QuickBid is built for MSMEs, enterprises, OEMs, distributors, contractors, consultants, and bid management teams that participate in government or institutional tenders.
QuickBid supports the full lifecycle including discovery, document organization, RFP analysis, bid preparation, submission tracking, and EMD/PBG follow-ups.

DISCOVERY & ORGANIZATION

QuickBid scans major procurement portals and delivers alerts based on user-defined keywords, categories, ministries, departments, industries, and geographic preferences.
Yes. Users can create multiple company profiles and maintain structured document libraries for statutory, technical, product, and bid-related files.
The platform sends automated notifications via dashboard, email, and messaging channels for milestone events including corrigendums, pre-bid meetings, and submission deadlines.

AI ANALYSIS

QuickBid applies AI models to read complete RFP documents and extract eligibility requirements, compliance conditions, risks, contradictions, and summaries for faster decision-making.
It is an AI-generated evaluation that assesses feasibility, compliance readiness, resource requirements, and potential success probability to support bidding decisions.
Yes. QuickBid detects legal, technical, and financial risks as well as conflicting clauses or unclear specifications that may impact bid compliance.
QuickBid compares engineering drawings with textual specifications to identify dimensional or material inconsistencies and highlight potential compliance issues.

AUTOMATION & EXECUTION

QuickBid extracts annexures and schedules from RFPs, preserves formatting, autofills bidder data, and generates complete submission-ready bid documents automatically.
Yes. Users receive updates on evaluation results, bid status changes, and relevant tender activity through automated alerts.
QuickBid monitors deposit timelines, provides reminders, and generates request letters to assist in recovering funds efficiently.

PRICING & USAGE

QB Coins are usage credits used to access AI-powered features such as document analysis, extraction, and bid preparation within the platform.
Users spend QB Coins only when they run AI tasks or generate reports. There are no mandatory subscriptions, and usage can scale based on business needs.
No. QB Coins remain available for use without expiration limits.

SECURITY & INFRASTRUCTURE

QuickBid uses AES-256 encryption, secure cloud architecture, access controls, and monitoring mechanisms to protect stored tender documents and data.
Yes. Enterprise deployments can integrate private storage environments, enabling full ownership and control over tender data while using platform capabilities.
Access is restricted to authorized users configured through role-based permissions, ensuring controlled visibility and data governance.
Need more help? Contact our support team at [email protected]