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Bid Express - Online Bidding with Digital Sign

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The Need

Bidx.com offers a solution to the highway construction industries need for a more efficient and more accurate bidding process. Bid Express saves the time needed for preparing bids on paper, and the travel time and expense involved in attending lettings and submitting bids in person. This valuable service allows you to quickly scan all current lettings to find exactly what you are looking for. A search function is available for seeking keyword information on current lettings, or historical data from previous lettings. Plus, you have instant access to lettings from across the country, not just those of your home state While Bid Express is a powerful and useful tool on its own, it helps you even more when used in conjunction with Trns•port Expedite™. Expedite software is used in bid preparation by 36 state Departments of Transportation, and Bid Express users can download it for free. When you prepare your bid using Expedite, quantities come across automatically. All you have to do is fill in the unit prices, avoiding costly computation errors. Expedite will also alert you to blanks or errors in your bid preparation. Use Expedite to electronically prepare and check your bid; then, in states where two-way bidding has been established, you can submit your bid over the Internet using Expedite to connect to Bid Express

The Technology

Bidx.com posts upcoming state bids online for contractors to view. Bidx.com then sends bid information to the state DOT from the contractor. All software needed for the process is free to praticipating contractors. Security is assured by the use of the latest encryption technology. Bid Express uses the same security system that is used by the National Security Agency, the banking industry and Internet commerce to ensure your bid is safe. Through a system of public and private keys, the bid files are unreadable by anyone except the DOT on bid opening day, even if intercepted. Contractors have the flexibility to withdraw or replace their bids at any time prior to opening. For states using two-way electronic bidding, digital signature technology has been incorporated to provide the maximum level of security and confidence.

The Benefits

The advantage to this service is that DOTs can publish upcoming projects quicker and contractors will have a one-stop source for all project documentation. Additionally, bonding agencies will be able to submit digital signatures verifying the incoming bids.

Status

Bid Express is a subsidiary of Info Tech, Inc. 28 US states and one Canadian province are currently in product use with BidExpress, with three additional US states implementing.

Barriers

None seen at time of writing.

Points of Contact

Refrences

  1. http://www.bidx.com
  2. ENR November 13, 2000

Disclaimer Statement

Neither the Construction Industry Institute nor Purdue University in any way endorses this technology or represents that the information presented can be relied upon without further investigation.

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