What will Bid Development and Management Encompass for Phase 1 functionality?
Bid Development and Management represents a portion of the original Contracts Management business process (specifically the CO-10 sub-process). This functionality was included in the Phase 1 scope to support the shared services initiative included in the Executive Budget for 2009-10. The initiative seeks to use ERP software to improve the State’s procurement policies, coordinate purchasing among State agencies and develop new approaches to leverage the buying power of the State. The Bid Development and Management functionality involves: Developing and maintaining centralized templates to ensure compliance with laws and regulations; Minimizing the need for meetings and the exchange of paper documents when developing the IFB/RFP; Communicating with bidders electronically and providing access to procurement material; and Evaluating bidder responses online, leveraging the system for automatic calculations when possible.
