Bid manager
Encyclopedia
A Bid Manager is responsible for managing bids in response to Request for Proposals (RFPs) from customers. Bid Managers orchestrate the creation of the solution and proposal as ‘Bid Project Manager
s’ ensuring compliance with customer requirements and highlighting company value proposition.
Bid managers salaries differ across the construction industry depending on the company and moreover, the specific project. According to a survey conducted in 2010 the average salary of a Bid Manager in the UK construction industry is £56,250 per annum. Certain projects are more financially beneficial depending on the nature of the project or sector. For example, Bid Managers working on architectural projects earn an average salary of £77,500, whilst public sector projects make for a lower figure of £40,000.
industry where they manage bids for outsourcing projects. These bids run anywhere between 3 and 18 months (on average about 6 months) and involve substantial bid budgets (As much as $5 Million for very large bids over $100 Million in value) and large teams from 10-100 people. The bid manager ensures that all customer specified milestones are met and all deliverables of the bid are produced as specified. A bid manager's performance is normally evaluated based on the percentage of wins. Bid managers typically work with teams collected together from line functions for the temporary duration of the bid project and hence need to have strong leadership skills to manage bids successfully. Good bid managers are in strong demand in the outsourcing industry.
Project manager
A project manager is a professional in the field of project management. Project managers can have the responsibility of the planning, execution, and closing of any project, typically relating to construction industry, architecture, computer networking, telecommunications or software...
s’ ensuring compliance with customer requirements and highlighting company value proposition.
Bid Managers in the Construction Industry
Bid Managers play an important role in the construction industry where they are responsible for the proposal of bids to existing or prospective clients for construction projects. A bid manager will ensure the smooth running of the bid for a project within the correct time and financial parameters, and manage the relationship with the client. Bid managers work in conjunction with the bid director, and often closely with specialists in the construction and built environment industry to provide and manage the bid for a project.Bid managers salaries differ across the construction industry depending on the company and moreover, the specific project. According to a survey conducted in 2010 the average salary of a Bid Manager in the UK construction industry is £56,250 per annum. Certain projects are more financially beneficial depending on the nature of the project or sector. For example, Bid Managers working on architectural projects earn an average salary of £77,500, whilst public sector projects make for a lower figure of £40,000.
Bid Managers in the Outsourcing Industry
Bid Managers play an important role in the OutsourcingOutsourcing
Outsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...
industry where they manage bids for outsourcing projects. These bids run anywhere between 3 and 18 months (on average about 6 months) and involve substantial bid budgets (As much as $5 Million for very large bids over $100 Million in value) and large teams from 10-100 people. The bid manager ensures that all customer specified milestones are met and all deliverables of the bid are produced as specified. A bid manager's performance is normally evaluated based on the percentage of wins. Bid managers typically work with teams collected together from line functions for the temporary duration of the bid project and hence need to have strong leadership skills to manage bids successfully. Good bid managers are in strong demand in the outsourcing industry.