Electronic bid/proposal system for the construction industry
AssigneeMT One, Inc.
InventorsBernard Charles Hill, Michael Richard Malz
Life of this patent
Estimating the term…
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AssigneeMT One, Inc.
InventorsBernard Charles Hill, Michael Richard Malz
Estimating the term…
A computer-based system is used to communicate between a central location and distal locations to allow submission of bidding information on a project or elements of a project. A project manager (e.g., private or public organization, commercial or residential developers, general contractor, architect, etc.) establishes a website where potential bidders on a project or request for bid (RFB) can submit detailed bids. The bids and associated information are submitted in a defined format and enables the submission of exceptions in the bidding process. The system organizes individual bids according to elements of a project and can identify bidding errors and red flag extremes in bids. The system can categorize and organize bids for the project manager, but does not render decisions.
A construction project online bidding system, the bidding system comprising a) technical infrastructure for sending, receiving, storing, and exchanging information;
A process for a contractor entering a bid for a construction project comprising:
Dependencies are inferred from the claim text.