Bid deposits are submitted with Solicitation Responses, generally on revenue producing procurements such as Surplus Sales. Bid deposits can be in the form of Cash, Money Order, or Certified Check. Upon award, bid deposits are returned to the unsuccessful bidders, and the successful bidder(s) is invoiced for the remaining amount (solicitation responses minus bid deposit). Allowable Deposit Types are set up on the Deposit Type table.
A link to this page is provided in the Transactions tab of the Procurement Management page when the user has selected the Post Award State from the Available States tab. You can also transition back to the Procurement Management page from the BIDDPS page by clicking on the Procurement Management link.
Note: Historical records (Historical Procurement Folder field is set to Yes) are hidden, by default, when opening this page. Historical records are only displayed, if the Historical Procurement Folder field on the search window has been set to blank or Yes. If the Historical Procurement Folder search field is set to No, then all historical records are hidden. Records are set to historical as a result of running the Procurement Folder Historical Update process.
Related Topic(s):