How much does it cost to submit a bid?
There’s no cost to submit your bid through Octerra for any project you’ve been invited to. You only pay a vendor success fee of 0.25% IF you win. So if your $10,000 bid is selected as the winner, Octerra will charge a $25 fee. That fee fuels a smoother vendor experience with ongoing platform enhancements, security upgrades, on-demand training, and responsive human technical support.
Octerra helps vendors bid smarter and safer. Here’s what you unlock by submitting bids through Octerra:
Bid Activity
Track when—and how often—clients view and download your bid materials, instead of guessing and refreshing your inbox.
Bid Insights
- See how many other vendors are competing for the same project.
- Understand how your bid stacks up against others after the award.
- Build a performance history so each bid gets sharper than the last.
Want the details on how Octerra protects your bids? Click here.
Questions about your invoice? Email us at support@octerra.com.