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HomeBuyersHow to Invite Bids

How to invite bids

To invite bids you must be registered as a Buyer and signed in.

Inviting bids a simple four-stage process:

no.1 Describe Opportunity

First you must briefly describe the Opportunity – the job, project, task or contract that you need a Seller to do for you.

A brief description will help your shortlisted Sellers to understand what you want them to do.

The Opportunity Listings

Your opportunity will be added for free to our Opportunity Listings. Note that 4FMV reviews all Buyer opportunities before placing them on the Opportunity Listings.

Sellers with suitable skills can ‘bid’ for the opportunity – they will submit a fixed-price bid for completing the described opportunity. They write you a brief message and can submit additional information, which we send to you, with a link to their full details.

There’s no obligation

You are not committed to anything at this stage, you are only committed when you have agreed to the contract terms, which is stage 4 of the process.

no.2 Review Bids

Sellers who have submitted a bid are marked on your list with [Applied]. Click on their ID number to view their skills & Résumé. When viewing their details you may either add the seller to your shortlist – if you think they are suitable, or reject them - if you think they are unsuitable.

no.3Contact Sellers

All this contact information is accessible from your 4FMV homepage, where you’ll find details of all your opportunities and contracts.

We send your shortlisted Sellers an e-mail with details of the opportunity, but they do not have your contact details.

You must now contact the Sellers yourself.

alert As part of both the Buyers’ and the Sellers’ terms and conditions – which are legally binding – you confirm that contacts made, services purchased, or contracts gained through any of the 4FMV websites will be invoiced only through 4FMV contracts and timesheets.

no.4Award contract

When you have chosen your successful Seller, you complete the contract details.

You will need to include:

bullet1 the completion date of the contract;

bullet1 the final fixed-price you agreed to with your Seller; and

bullet1 whether or not you have given permission for your Seller to claim expenses.

Once you have agreed to the contract terms, your Seller agrees to the contract for services and an invoice is generated. Once the invoice is paid, the work can begin!

info Need help?

We’re happy to help at any time:

buyers@4fmv.ca (to contact our Canadian-based customer service team)

 

Last updated: 28-Aug-2011

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