Bids & Tenders

What Bids & Tenders does

Bids & Tenders operates a cloud-based, end-to-end digital eProcurement platform purpose-built for public sector procurement across North America. The platform covers the full procurement lifecycle: bid management, online submissions with automated compliance validation, evaluation with role-based permissions and collaborative scoring, award approval, contract management, reporting, and supplier performance tracking. It serves 450+ buyer organizations across five primary verticals (Government, Education, Healthcare, Engineering & Construction, and Utilities) and connects them to a supplier network of more than 190,000 registered vendors. The platform is built on a core-plus-modules architecture, with add-on modules for Award Approvals, Contract Builder with DocuSign, Supplier Performance Management, Open Data API, and Single Sign-On integration, alongside integrations to the CanadaBuys federal procurement portal.

The company monetizes through a dual-sided model. Buyers access the platform via annual subscriptions with unlimited bid publishing and an à la carte $375 single-bid option for occasional use. Suppliers use a freemium tier with three paid annual plans at $549 (Local, up to 10 agencies), $999 (Growth, up to 20 agencies), and $1,999 (Pro, unlimited agencies), plus a pay-per-bid transaction option. Add-on modules are licensed separately. Go-to-market combines sales-led buyer acquisition (demo-driven, targeting public agencies and municipalities) with product-led supplier onboarding (self-serve registration and tiered subscription upgrade). The company is headquartered in Montreal (7405 Trans-Canada Highway, Suite 100), operates in the USA and Canada, employs 101-250 staff, and has been owned by Valsoft Corporation since November 2025 following its divestiture from GHD Digital. Founded in 1999, Bids & Tenders positions itself as a compliance-first, audit-trail-equipped alternative to manual or paper-based public procurement.

Name

Bids & Tenders

Legal name

bids&tenders

Website

https://www.bidsandtenders.com/

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

Bids & Tenders operates a dual-sided digital eProcurement platform serving public sector organizations across North America, connecting 450+ government, education, healthcare, and utility buyers with a network of 190,000+ suppliers through subscription-based bid management, evaluation, and contract tools.

Ownership category

akta.pro rank

Product category

Public Sector eProcurement Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI)

akta.pro secondary industries

Procurement Platforms, Catalogs & Contract Purchasing (Co-ops, GPOs, eProcurement) (EDAEAIAO), Procurement Helpdesk & Stakeholder Support (BPAAAJAD)

Keywords

• EProcurement software
• Public sector procurement
• Bid management
• Contract management
• Supplier management

Headquarters

HQ city

Kitchener

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Buyer Platform Subscription: Annual subscription plans for buyers (government agencies, municipalities, institutions) to access the full procurement platform with unlimited bid posting capabilities. Plans include core features plus optional add-on modules.
2. Supplier Subscription Plans: Tiered annual subscription plans for suppliers (Local, Growth, Pro) providing access to bid opportunities, notifications, and submission capabilities. Agency-based access determines which procurement organizations suppliers can access.
3. Pay-Per-Bid: One-time payment option for suppliers to submit a single bid without annual subscription commitment, enabling low-friction entry for occasional bidders.
4. Single Bid Advertising: One-time $375 fee for buyers to advertise a single bid opportunity without recurring commitment, targeting organizations with minimal annual procurement needs.
5. Add-On Module Licensing: Additional fees for premium modules including Award Approval Workflow, Contract Builder with DocuSign, Supplier Performance Management, Open Data Feed, and Single Sign-On Integration.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Bids & Tenders provides a cloud-based end-to-end eProcurement SaaS platform that supports the full procurement lifecycle — bid posting, online submissions, evaluation, award, contract management, and reporting — for public and private organizations. The platform includes separate buyer and supplier portals, an automated bid compliance checker, digital two-envelope sealing, evaluation workflows, and modular add-ons for award approvals, DocuSign-based contract execution, supplier performance management, open data APIs, and SSO. It is sold via tiered buyer and supplier subscriptions, pay-per-bid transactions, and add-on module licensing.

Product overview

Bids & Tenders offers a digital eProcurement platform with a platform-plus-modules architecture. The core platform provides end-to-end procurement capabilities including bid management, online submissions, evaluation, award, and contract management. The platform serves both buyers and suppliers through dedicated portals. Add-on modules extend functionality including: Award Approval Workflow (for routing approvals through the system), Contract Builder with DocuSign (for digital contract execution), Supplier Performance Management (for tracking vendor performance), Open Data Feed (for API-based transparency), and Single Sign-On Integration (for enterprise authentication). The company operates on a tiered subscription model with separate plans for buyers (Advertise a Bid per-project or Buyer Pay subscription) and suppliers (Local, Growth, and Pro tiers). The platform is purpose-built for public sector procurement with compliance, audit trails, and transparency at its core.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital eProcurement Platform (Core) End-to-end digital procurement platform supporting the entire procurement lifecycle including bid management, online submissions, evaluation, award management, contract management, and reporting. Used by public and private organizations across North America.
• Buyers Platform Buyer-facing component enabling organizations to create and post bids, manage supplier questions, receive electronic submissions, configure evaluation templates, award projects, and manage contracts through a branded self-service portal.
• Suppliers Portal Supplier-facing component allowing vendors to search and browse bid opportunities, receive automatic notifications matching their criteria, register for opportunities, submit bids electronically, and track bid status through a personalized dashboard.
• Bid Opportunities Database Searchable database of public bid opportunities where suppliers can search by keywords or buyer organization. Approximately 1,000 active projects are available across the platform's 190,000+ registered supplier network.
• Award Approval Module Add-on that routes award approval through the system, bringing efficiency, transparency, cost savings, accuracy, and compliance to the procurement process. Includes built-in compliance checks, audit trails, and stakeholder collaboration features.
• Contract Builder with DocuSign Add-on that allows organizations to upload contracts (Word, PDF, Excel), customize them within the system, and assign signature workflows for digital signatures through DocuSign integration. Includes automated notifications and reminder emails.
• Supplier Performance Management Module Add-on that helps manage contracted supplier performance by creating evaluation templates, circulating automated workflows, calculating scores, providing supplier feedback, and flagging underperforming suppliers with statuses such as banned, suspended, or in litigation.
• Open Data Feed Add-on providing organizations with API access to their open, planned and closed/awarded projects data. Enables organizations to make procurement data accessible online, supporting open data initiatives and government transparency requirements.
• Single Sign-On (SSO) Integration Add-on that integrates with existing organizational systems to mitigate risk and reduce password fatigue for staff. Enables seamless authentication for users within the platform.

Quantifiable outcome

• 35% reduction in procurement timelines
• +6 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Province of Ontario / CanadaBuyscoreTechnology or Integration · 13 October 2023Province of Ontario partnered with bids&tenders to provide Ontario Public Service entities ability to sync with the CanadaBuys Procurement Portal. Integration enables seamless posting of procurement opportunities to the federal government's procurement platform.
• DocuSigncoreTechnology or IntegrationDocuSign integration enables digital contract signing within the bids&tenders platform. Suppliers and buyers can execute contracts electronically with legally binding digital signatures, automated workflow routing, and notification/reminder systems for signature completion.
• George Brown CollegeminorStrategic or Co-development PartnerGeorge Brown College students use bids&tenders for annual simulated bid competition. Platform team sets students up with live version of platform for competitive simulation exercise, providing real-world training on digital procurement.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• SAP Ariba: SAP Ariba is a broad-source-to-pay platform used by large public and private organizations. While not specialized in North American public-sector bid posting, its sourcing and contract modules overlap with bids&tenders' procurement lifecycle coverage.
• Coupa Software: Coupa provides a broad business spend management platform used in both public and private sectors. Its sourcing and contract management capabilities overlap with bids&tenders' later-stage procurement workflows, although Coupa is not specialized in public-sector tender posting.
• OpenGov: OpenGov is a broader government technology platform that includes procurement, budgeting, and permitting modules. Its procurement suite competes directly with bids&tenders' core offering but is part of a much larger public-sector software suite.

Direct peers

• Bonfire Interactive: Bonfire provides a public-sector eProcurement platform for bid management, evaluation, and contract award, directly competing with bids&tenders across North American municipalities, school boards, and agencies.
• BidNet (Dodge Construction Network): BidNet aggregates government bid opportunities and provides solicitation management tools to agencies — a direct comparable in the public-sector bid aggregation and posting market.
• PlanetBids: PlanetBids offers bid management and vendor notification services to government agencies in the U.S., overlapping with bids&tenders in public-sector tender posting, supplier registration, and online bid submission.
• DemandStar: DemandStar connects government agencies with vendors through bid opportunities, notifications, and proposal submissions — a direct functional overlap with bids&tenders' supplier and buyer portals.
• Periscope Holdings (VendorInsight): Periscope Holdings provides procurement and vendor management solutions for the public sector, including bid solicitation and supplier compliance, with overlapping buyer and supplier use cases versus bids&tenders.

Regional players

• MERX: MERX is a Canadian public-tender notification service for government and private-sector opportunities. It overlaps with bids&tenders' Canadian public-sector bid posting and supplier notification workflows.

Emerging players

• Procurated: Procurated is a public-sector vendor review platform that connects suppliers and government buyers, providing partial overlap with bids&tenders' supplier qualification and performance evaluation workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bidsandtenders_
• LinkedInlinkedin.com/company/bids&tenders

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bids & Tenders