February 1, 2023
When a quest for new team members becomes exhausting and time-consuming, we have a perfect solution! Use this FREE Bid Manager Job Description Template to attract candidates that will best fit your business standards and requirements.
Our mission is to make your hiring process easy, fast, and enjoyable by providing you with suitable resources and assistance to hire qualified individuals for your team!
Besides the essential skills, responsibilities, and requirements of a Bid Manager, we included additional information and details that will help you distinguish the perfect individual!
If there are any special criteria or demands your business has, you can easily customize this template to make it more relatable.
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Bid Managers are in charge of creating and overseeing bids, which are detailed and persuasive proposals on behalf of organizations or companies to gain a business contract from another.
Bid Managers’ job is to ensure bid processes are successful, within deadlines and budgets, and in compliance with federal and state laws.
Bid Managers also devise and establish bidding strategies, collect the required information to write comprehensive bid proposals, and liaise and negotiate with vendors and contractors regarding the bid preparation.
Skill | Why it's important |
Communication | Bid Managers are required to have excellent communication because this skill helps them liaise with colleagues, shareholders, clients, contractors, and other individuals. Bid Managers must be able to effectively communicate with team members to compile a detailed proposal using relevant information, as well as to understand clients’ project requirements. |
Negotiation | By properly utilizing negotiation skills, Bid Managers are able to reach an agreement between two parties. Negotiation helps them get the best prices for their company’s products or services, involving discounts, payment terms, and other aspects of a contract. Bid Managers can also negotiate deadlines, budgets, and project requirements. |
Analytical | Bid Managers must have strong analytical skills to evaluate bid proposals and identify the company or individual that can provide the best value. Analytical skills help them assess elements of a bid proposal and determine if they meet clients’ needs. |
Problem-Solving | The ability to identify and solve various problems and issues is essential for Bid Managers. They use problem-solving to adapt bid proposals so that they match clients’ requirements by introducing and integrating new solutions. They also use this skill to effectively handle disputes between vendors and clients. |
Decision-Making | Bid Managers are responsible for making crucial decisions when it comes to their company’s actions. Decision-making helps them determine which vendors are suitable for the bidding process, what services and products to include, and how much to offer them. They must also decide on pricing and bidding strategies. |
Our company is looking for a responsible and experienced Bid Manager to join our growing team. In this position, you will be in charge of Identifying and reviewing opportunities for bid submission, developing effective bidding strategies, and collecting information to write detailed bid proposals. You will also monitor bidding processes to ensure they comply with federal and state laws and make sure they stay within deadlines and budget limits.
Your job will also include researching key points to include in bids, liaising with potential contractors and vendors, and negotiating with them to maintain favorable prices for bids. You will also evaluate technical and commercial risks related to bids and respond to clients’ inquiries related to the bidding process.
To be successful as a Bid Manager, you should have excellent communication, negotiation, decision-making, analytical, and problem-solving skills.
Once you gather up all the received applications, you can use these sample interview questions for Bid Manager.
Bid Managers usually need a relevant educational background to pursue this type of career.
Suitable degrees include a Bachelor’s degree in business administration, economics, finance, or a similar field.
Before advancing to Bid Managers, prospective candidates typically start their career as bid administrators or bid writers.
Bid Managers earn between $31,500 and $118,000 per year.
Their median annual salary is $79,486.
Hourly wages range from $16 to $57.
The median hourly wage is $38.
Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
Hourly Wage | $16 | $29 | $38 | $48 | $57 |
Annual Wage | $31,500 | $60,500 | $79,486 | $100,500 | $118,000 |
Bid Managers are professionals who identify opportunities for bid submissions for a company or organization.
They collect relevant information and write detailed bid proposals, monitor bidding processes, and negotiate prices and terms with vendors and contractors.
The most common field where Bid Managers can work include construction and engineering companies, property management firms, technology companies, etc.
Bid Managers earn between $31,500 and $118,000 annually.
Bid Managers should have outstanding verbal and written communication, negotiation, analytical, decision-making, and problem-solving skills.
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