Module 5: Bidding
Learning Objectives
In this module you will learn the following:
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The definition of a bid.
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How to submit a bid.
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How to withdraw a bid.
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What happens after submitting a bid.
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The timeline of a posting.
For 30-day bidding, please see Module 9.
1. What is a Bid?
A bid is an indication of your interest in taking a new position. When you submit a bid, your bid is ranked against other bids for the same position.
2. Submit a Bid
When you click on an active posting on the Opportunities page, it will give you the option to submit a bid for that position. You will also be able to see much time is left before bidding closes.
To place a bid, simply press the Submit Bid button. The posting will then be included in the My Bids section on the Opportunities page.
3. Withdraw a Bid
If you wish to withdraw a bid while the posting is still active, click on the bid on the My Bids section, then click the Withdraw button on the bid details page.
If you wish to withdraw a bid after bidding has closed, you can simply reject the offer if one is extended to you, or wait 24 hours for the offer to expire.
4. After Bid Submission
Once bidding has ended, the highest qualified bidder will receive an "extended" offer, while lower qualified bidders will receive "conditional" or "queued" offers. Each bidder has 24 hours to confirm interest in the position, or reject the offer. After 24 hours, any unanswered offers expire.
All offers will be displayed in the My Offers section.
In the next module, you will learn how to confirm interest or,reject or an offer.
5. Timeline of a Submission
In total, the 1-day bid process has a runtime of 48 hours, not including manager review:
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The posting accepts bids for 24 hours after which the bidding window closes
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Each bidder has 24 hours to accept the offer extended to them and confirm interest in the position