Bid benchmarks
Price against the field, not against a guess
Bid benchmarks from the bid tables behind every award: how many bidders a buyer draws, how far winners land below the median, and where your price would have sat. Scoped to the buyer you are bidding to, compared against the market, ready before the pricing meeting.
Free plan, not a trial · Scoped by buyer · Six markets
Density
Know how many bidders this buyer draws
A buyer that draws three bidders is a different market from one that draws twelve. The histogram buckets bidders per tender for the buyer you pick, and a toggle lays the whole market beside it so the two scopes line up.
- Buckets of 1 to 2, 3 to 5, 6 to 8 and 9 or more bidders
- Single-bid share, the fastest read on thin competition
- One buyer, one market or the whole region
Spread and percentiles
See where your price would have sat
Award values from the 10th to the 90th percentile draw on one ruler, with the median marked. Place your cost on it and you see the room above it before you write a number.
Beside the ruler, the spread panel reads how far winners landed from the median priced bid, at the 25th, 50th and 75th percentiles of the buyer's history. Below the median reads as a saving, above it as a premium.
From the median to your margin
Price into the winning zone, then check your floor
Read where winners usually land against the median, price to land there, subtract your cost, and test the margin against the floor your business needs.
Read
The median award for this buyer and how far below it winners usually price.
Price
Into the winning zone, then subtract your cost to get your margin.
Decide
Above your floor, bid. Below it, walk away with the numbers in hand.
Step by step on one bid: price a government bid from award history. The full method: benchmarks and pricing.
Scope and compare
One buyer, or the whole market
Pick a government buyer and every panel recomputes for it. Flip the compare toggle and the market sits beside it on the same ruler.
By buyer
The ministry or authority you are bidding to, with its own density, spread and percentiles.
Against the market
Histograms turn into shares and award values share one ruler, so a small buyer and the market line up.
Shared as a link
Every view is a URL, scope and toggle included, so a colleague opens exactly the panels you read.
Benchmarks are on the Business plan, $39 per seat per month. They pair with the recompete radar and the tender table in a bid team's week; terms are in the glossary.
Frequently asked questions
Where do the numbers come from?
From the bid tables behind awarded tenders: every bidder, its price and the award. Each panel is computed from those tables for the buyer you scope to.
Can I benchmark one buyer?
Yes, that is the default. Pick a government buyer and the histogram, the spread and the percentiles recompute for its awards. Flip the compare toggle to lay the whole market beside it on the same ruler, and share the view as a link.
What does winner versus median mean?
On each awarded tender the winning bid is compared with the median priced bid, and the panel reads that gap at the 25th, 50th and 75th percentiles of the buyer's history. A buyer whose winners usually price 10 percent below the median tells you where the winning zone sits.
How does this reach my pricing meeting?
Open the benchmarks scoped to the buyer, place your cost on the percentile ruler, and read the margin against your floor. Track the tender into a bid pipeline from its profile and the numbers travel with the record. Benchmarks are on the Business plan at $39 per seat per month.
Price against the field, not against a guess.
32,822 investors, government tenders across six markets and a CRM that starts free. Bring your data from any CRM or spreadsheet in an afternoon.
Free plan · 32,822 investors · six markets