Instrumentation & Control Engineering - Technical Bid Proposal Guideline for Instrumentation Discipline

What is the meaning of Bid Proposal ? A bid proposal is a document that companies use to outline the products or services, pricing and time frame they can offer clients for completing a specific project. What is the difference between a bid and proposal? A bid is more detailed than an estimate & a quote as it requires thorough knowledge of the timelines and the costs of a project. A proposal is more specific than a bid and it is used when a business needs to get into a partnership with another business. #BidProposal #technicalbid #estimationandcosting Note: Keep watching our channel eFunda where we are creating videos related to Engineering and Project Topics and saved under separate play List. 1) Fundamentals https://www.youtube.com/playlist?list=PLLKo6f5HHKAdaT9ZgNsl3iO4i9qm05tTL 2) Project / Career https://www.youtube.com/playlist?list=PLLKo6f5HHKAcJ_NvjjUdmmjK-GIHF-fjo 3) Engineering https://www.youtube.com/playlist?list=PLLKo6f5HHKAfupB6q9S6a-RhBmNl2AMcb 4) Instrumentation & Control Engineering https://www.youtube.com/playlist?list=PLLKo6f5HHKAfCDQLRRC22u8flW7KFJjwF 5) Historical / Social https://www.youtube.com/playlist?list=PLLKo6f5HHKAfC0lYQKglDOfux9dRAjfrd 6) Telecommunication Engineering https://www.youtube.com/playlist?list=PLLKo6f5HHKAf_rkZ-dexA3lwpHgOopPi_ 7) Procurement Engineering https://www.youtube.com/playlist?list=PLLKo6f5HHKAekFsAbWRAVQ6lClKU5b08x Please follow us: eFunda Instagram – https://www.instagram.com/efundachannel/ facebook - https://www.facebook.com/efundachannel/?ref=pages_you_manage Please LIKE, SHARE and SUBSCRIBE to our channel eFundachannel . Regards, Team eFunda