Create a Tender Room in Portfolio Financials

Objective

To create a Tender Room in Portfolio Financials. 

Background

The Tender Room in Portfolio Financials is a shared portal between the owner and tenderers. Before you can send and manage tenders, you must create and set up the Tender Room.

Things to Consider

• Required User Permissions:
  • 'Limited' access to the project or higher.
    Note: Users with 'Limited' access can only create a Tender Room from a cost item they created. 
• Additional Information:
  • If your organisation has the 'Sealed Tendering' feature enabled by Procore for Portfolio Financials, you can choose to have a sealed tender room for any of your tenders. See How do I run a sealed tender process in Portfolio Financials?

Prerequisites

• A cost item must be created in the Cost Tracker on the Project Page. See Add a Cost Item to the Cost Tracker in Portfolio Financials.

Video

Steps

1. Scroll to the Cost Tracker section of the Project Page. 
2. Click the arrow  icon next to a cost item.
3. Click Tender Out. 
   Note: If your organisation has the 'Sealed Tendering' feature  enabled by Procore, you can choose whether you want this to be a sealed tender process. See How do I run a sealed tender process in Portfolio Financials?
4. Setting up a Tender Room is a multi-step process. See the relevant tutorials below for the next steps.

Next Steps

1. Complete Trade Setup Details for a Tender Room in Portfolio Financials
2. Create a Tender Form in Portfolio Financials
3. Invite Tenderers to a Tender Room in Portfolio Financials

See Also

• Tender Room