On November 15, Denver Water, who delivers quality water to 1.3 million people throughout Denver and the surrounding areas, opened their first bid utilizing our newly launched VirtuBid (vBid).
Denver Water has been a partner of QuestCDN’s since 2010 and has taken the next step into the digital world. Since 2010, they have delivered numerous construction plans and specs digitally through our bid management tool, saving them a great deal of time and money.
This spring we launched vBid, the newest component in the QuestCDN system. Vbid gives our partners the ability to receive bids electronically efficiently and effectively through a secure network. Through vBid, our partners are able to build a bid form unique to their bid requirements, accept and verify bid bonds, verify receipt of addenda, accept both qualification information and bid totals, close bids automatically, use automated tools to analyze bids and post automatic bid tabulations.
Denver Water bids several projects a year, which required contractors to either drive their bids in or send them via delivery services. Their choice to utilize Vbid was made to make this process more efficient for them, as well as their bidders.
Maryhelen Iverson, Denver Water’s Engineering Division Office Business Manager, recently said, “ Denver Water benefits from vBid in the following ways; freeing up of valuable conference meeting space that was typically reserved throughout the year to accommodate bid openings, greater quality assurance of bids as we can dictate exactly what we are looking for and not accept bids that don’t have all the correct submissions . There is no chance of receipt of incomplete bids. Speed with which we can carry out a bid opening—less staff time spent escorting contractors, collecting paper bids, contacting bidders through email and phone regarding the bid. Ease of being able to issue changes to the bid form and ensure that all bidders receive the most current versions.
The benefits to bidders using vBid include efficient calculation of final bid totals, verification of bid requirements, immediate access to addenda changes and the ability to submit bids from their own office.
Ms. Iverson noted, “Most contractors will say that they appreciate not having to pay wages to have someone drive to our facility to hand deliver a bid, sit through a bid opening, and wait while documents are being reviewed. There is also the risk that they may miss bid time due to traffic, a train, lack of parking at our facility or delay in visitor badging—all unpredictable things that can slow down a bidder when trying to submit a physical bid.”
If you are interested in learning more about vBid, please contact us for a presentation, 952-233-1632.