FAQ
Q: Project Bid Details
A:
Bid- A Bid is how the Service Provider indicates interest in a newly posted Project on the uFathom website.
Bid Allotment- The number of Proposals that can be made by a Service Provider on a Monthly Basis.
Membership Cycle- The day of the month when the Service Provider Bids are refilled. A Service Provider can check the number of remaining by logging into the User Control Panel.
Minimum/Maximum Bid- The Minimum and Maximum Bid is the limitation set by for the Service Provider project proposal.
Bid Retraction- When a Service Provider cancels a bid. A Bid is generally retracted when the expectations for a Project differ significantly between the dialog with a Service Buyer and the actual Project description for a Posted Project.
Hidden Bids- Service Buyers have the option to Hide Bids when posting a Project. This is set when during the posting of a project and cannot be changed after a project is listed.
Revise Bid- When a Service Provider increases or decreases the amount bid on a project based on project clarification from the Service Buyer. The Revise Bid option is only available while a Project is still open to Bidding.
A:
Bid- A Bid is how the Service Provider indicates interest in a newly posted Project on the uFathom website.
Bid Allotment- The number of Proposals that can be made by a Service Provider on a Monthly Basis.
Membership Cycle- The day of the month when the Service Provider Bids are refilled. A Service Provider can check the number of remaining by logging into the User Control Panel.
Minimum/Maximum Bid- The Minimum and Maximum Bid is the limitation set by for the Service Provider project proposal.
Bid Retraction- When a Service Provider cancels a bid. A Bid is generally retracted when the expectations for a Project differ significantly between the dialog with a Service Buyer and the actual Project description for a Posted Project.
Hidden Bids- Service Buyers have the option to Hide Bids when posting a Project. This is set when during the posting of a project and cannot be changed after a project is listed.
Revise Bid- When a Service Provider increases or decreases the amount bid on a project based on project clarification from the Service Buyer. The Revise Bid option is only available while a Project is still open to Bidding.
