Bid guarantee: secure your bid online

Bid security in a tender: it doesn't have to complicate participation in the procedure

You found a procedure that suits your company. The scope of the order matches the business profile, the completion deadline is realistic, and the participation conditions can be met. You check the documentation and the following information appears: the buyer requires the submission of bid security.

For many suppliers, this means additional formalities. You need to check the amount of the bid security, the deadline for its submission, the tender specifications (SWZ) and the permissible forms of security.

Fortunately bid security does not have to mean freezing cash. On platformaofertowa.pl we immediately inform you when bid security is required in the procedure, and you can obtain a bid guarantee online, quickly and conveniently.

What is bid security?

Bid security is security for the submitted offer. The buyer may require it to confirm that the supplier is serious about participating in the procurement procedure.

It can be submitted:

• in money,
• in the form of a bank guarantee,
• in the form of an insurance guarantee.

This means that it is not always necessary to transfer funds to the buyer's account. Bid security guarantee allows securing the bid without blocking company cash, which is particularly useful when participating in several procedures at the same time.

Why is it worth choosing a bid guarantee?

Providing bid security in cash involves the temporary immobilization of funds from the company's current operations.

A bid guarantee allows avoiding this. The supplier receives a guarantee document, which, if it meets the procedure's requirements, constitutes a proper form of bid security.

The advantages are primarily:

• greater financial liquidity,
• online service,
• fewer formalities,
• easier management of participation in multiple tenders,
• faster offer preparation.

However, remember that the data entered into the guarantee must comply with the procurement procedure documentation.

How to check if a tender requires bid security?

On platformaofertowa.pl information about the required bid security appears directly on the procedure card.

After clicking “Learn more” you can proceed to apply for a bid guarantee online.

The entire process is simple:

• you find the tender,
• you see the bid security information,
• you proceed to purchase the guarantee.

What does purchasing a bid security guarantee look like?

In the application, you provide, among other things:

• the supplier's tax identification number,
• the bid security amount,
• the tender validity period,
• the tender details,
• the guarantee beneficiary details.

The entire process takes place online, without the need to look for additional solutions outside the platform.

Check the data before purchasing

Before submitting the application:

• read the terms and conditions,
• check the SWZ requirements,
• verify the correctness of the data.

Pay special attention to:

• the bid security amount,
• the tender validity period,
• supplier details,
• contracting authority details,
• procurement procedure details.

If the tender is divided into parts, ensure that the bid security amount corresponds to the part for which you are submitting the bid.

When is a bid guarantee most useful?

This is a good solution when:

• you do not want to freeze funds,
• you are participating in several tenders,
• the bid security amount is high,
• you care about a fast online process.

Bid security as part of the bidding process

On platformaofertowa.pl we help suppliers through the entire process, from finding the tender to obtaining the bid guarantee.

We connect:

• tender searching,
• analysis of the most important requirements,
• information on the obligation to submit bid security,
• the ability to obtain a guarantee online,
• educational materials regarding public procurement.

This allows you to prepare a bid faster and navigate the formalities more smoothly.

You saw information about bid security? What next?

If the procedure card shows information about the required bid security:

1. click “Learn more”,
2. review the guarantee information,
3. check the regulations and SWZ requirements,
4. complete the form,
5. verify the data,
6. submit the application according to the instructions.

After the process is complete, the guarantee may be delivered electronically to the specified email address.

Bid security does not have to be an obstacle

Bid security is a common element of public procurement procedures, but it does not have to mean complicated formalities or freezing of funds.

If the tender requires bid security, we will inform you about it on the procedure card and enable you to proceed to the application process for online bid bond.

Found a tender with the required bid security? Click "Learn more" and check how to obtain an online guarantee from Gwarancje24.pl. (opens in a new tab)