Get the free Bid Tabulation Form

A form used for tabulating bids for commodities over $10,000, ensuring compliance with Arkansas law and the Siloam Springs School District policies.

How to fill out bid tabulation form

How to fill out Bid Tabulation Form

1. Begin with the basic project details at the top of the form, including project name and date.
2. In the first column, list the names of all the bidders.
3. In subsequent columns, enter each bidder's bid amount for the specified items.
4. Calculate the total bid amount for each bidder and enter it in the designated column.
5. Verify all calculations for accuracy.
6. Note any additional comments or considerations beside the bids, if applicable.
7. Review the completed form to ensure all information is filled out correctly.
8. Save or print the Bid Tabulation Form for record-keeping and future reference.

Who needs Bid Tabulation Form?

1. Contracting agencies or organizations seeking to award a contract.
2. Bidders or contractors who want to understand the competitive landscape.
3. Project managers and stakeholders who need to evaluate bid proposals.
4. Procurement professionals involved in the bidding process.

People Also Ask about

What is a typical bid form?

Typical bid forms will include sections for the base bid, alternates, subcontractor listings and compliance with addenda. It may also require additional documentation such as bid bonds and certificates of insurance.

What is a bid tabulation form?

Bid tabulations compile the key details of all the submitted bids onto a table. This way, the project owner's team can neatly review and compare bids. Any good bid tabulation template will list each contractor on their own row, with columns for all of the criteria required on the project.

What does a bid tab look like?

A bid tabulation template in Excel typically includes details such as the company name, project name, item number, item description, quantity, unit of measure, and the bid amounts from the various contractors. This standardized format helps streamline the comparative process of bid evaluation.

How to create a bidding form?

Here are the key elements every bid proposal should include: Client's name and contact information. Your business name and contact information. A detailed project description. Services or products provided. Pricing estimate. Terms and conditions. Estimated timeline.

What is a bid tabulation?

Bid tabulations compile the key details of all the submitted bids onto a table. This way, the project owner's team can neatly review and compare bids. Any good bid tabulation template will list each contractor on their own row, with columns for all of the criteria required on the project.

What does a bid tabulation look like?

These “sub-bids” are opened, reviewed, and “filed” by the municipality using a tabulation sheet that lists all sub-bids from lowest to highest based on their category of work (plumbing, electrical, masonry, elevators, etc.).

For pdfFiller’s FAQs

What is Bid Tabulation Form?

The Bid Tabulation Form is a document that summarizes and compares the bids submitted by contractors for a specific project or contract.

Who is required to file Bid Tabulation Form?

Typically, the agency or organization that is overseeing the bidding process is required to file the Bid Tabulation Form, which includes all received bids.

How to fill out Bid Tabulation Form?

To fill out the Bid Tabulation Form, you should enter the names of the bidders, their bid amounts, and any other relevant information like the bid evaluation results, and ensure all data is accurately collected and formatted.

What is the purpose of Bid Tabulation Form?

The purpose of the Bid Tabulation Form is to provide a clear and organized comparison of the bids received, helping decision-makers assess which contractor offers the best value for the project.

What information must be reported on Bid Tabulation Form?

The information that must be reported on the Bid Tabulation Form includes the names of the bidders, their bid amounts, any additional costs, and notes on compliance with bid specifications.