A+B bidding

Procurement glossary

Get the latest updates

Stay ahead of the curve with our latest content

Subscribe to our newsletter and get fresh insights every month

What is A+B bidding?

A+B bidding is a construction contract method that awards projects based on both cost (“A”) and time (“B”). The formula is A + (B × daily road user cost). Contractors are paid for the “A” cost only, but the “B” factor decides the award, encouraging faster completion and discouraging delays.

See how Precoro can help with A+B bidding

DIVE DEEP

Read more on related topics, and get real insights

Move from manual requests to automated workflows. Our blog covers purchase requisition automation, compliance, spend control, and much more.

Procurement 11 Dec 2023 14 min

Unlocking Success: Why Strategic Sourcing Matters

Would you like to improve your procurement process, develop supply channels, and gain a competitive advantage? Let's see how strategic sourcing can be helpful with the task.

Procurement 27 March 2025 21 min

Procurement Cost Reduction: How to Cut Costs Without Cutting Corners

Succeed in procurement cost reduction and don’t sacrifice the quality of your products or services. Discover strategies that actually work.

Procurement 13 May 2025 13 min

Cost Efficiency: Definition, Examples, and Best Practices

A complete guide to cost efficiency in operations, budgeting, and procurement. Learn definitions, examples, and top methods to cut waste and maximize ROI.

See how Precoro fits into your team's workflows

A personalized demo, built around your team’s challenges, led by experts who understand what matters.

First Name*

Last Name*

Company Size*

Phone Number*

Work Email*

By submitting your information, you agree to our Terms of Service and Privacy Policy.

A+B bidding

Thank you for signing up!

Read more on related topics, and get real insights

See how Precoro fits into your team's workflows