Patent ID: 8781942

Claim:
A bid management system installed and executed from a computer-readable medium by a network-connected server comprising: a first portion of software code operating on the server for receiving and storing first requests for bid from a first plurality of persons or enterprises, herein requestors, the requests including specific requirements for a project identified in the bid and are directed to a second plurality of persons or enterprises, herein bidders, the project requirements providing to the bidders specific conditions to be met in making bids directed to the requests for bid made by the requestors; a second portion of software code operating on the server for providing a bid template to the bidders for submitting bids including conditions according to the project requirements contained in the first requests, and for receiving and storing bids made by the bidders in response to the requests for bid made by the requestors; and a third portion of software code operating on the server matching conditions of the stored bids to the project requirements specified in the stored requests for bid; wherein bids having conditions matching the project requirements of the first requests are sent to the requestors submitting the requests and when no matched conditions for the bids are found, the first request is modified to add, alter or remove one or more of the project requirements, thereby creating a second request for bid received and stored at the system, and the second request is automatically parsed for altered project requirements by additional software code and the template provided to the bidders is automatically populated with specific conditions provided by the altered project requirements.