In the 2023 version, the application and platform of Munaqes  provides bidding services only to be the best way to negotiate and reduce prices by the reverse auction method, as explained in the video, and the nomination of competing bidders for the bidding is the responsibility of the user (the bid caller).

Bidding time is the time from the beginning of your bidding process, and your invitation to a number of service providers to submit their bids, until the end of the bidding by selecting the best bid.

Bidding time includes the time it takes for the bidders to get acquainted with the bid and prepare their price offers, and it also includes the time it takes to register them on a bidding platform to get to know it well, and understand the mechanism by which it works.

As for the time of receiving the price offers, it is the time that you allocate from the time of the bidding to compete between the service providers (the bidders), in order for everyone to devote themselves to submitting prices, monitoring them, and competing for the lowest price, and to make it easier for you to manage the bid through the discussion room, and to make sure that everyone has submitted their prices.

Also, allocating a specific time for submitting price offers increases the intensity and fierceness of competition, which benefits the business owner (the bid caller), as the intensity of the bid is inversely proportional to the lowest price submitted. The fiercer the competition, the more this contributes to giving the best offer at the lowest price.

In order for the service provider to be able to respond to the bid caller's invitation and submit the price offer for his service, he must, of course, subscribe to a Munaqes platform.

As a service provider, you can register for the Single account with the lowest payment plan, and you can also take advantage of the one-month free trial with Munaqes if this bidding invitation is your first on Munaqes.

At a monthly or annual (more economical) nominal cost, equal to the cost of the bidding document in any other bidding auction or may be less, the service provider will be able to submit its various offers in any number of biddings to which he is invited on the platform and the application of Munaqes without incurring any additional costs.

In addition to that, he will also be able to enjoy the other advantages of Munaqes, issuing various biddings using the platform and the application, inviting service providers, and directing the steps of submitting the bidding through the platform and the application, without incurring any additional costs using the same account.

Absolutely!

Subscribing to Munaqes enables you to enjoy all the services and features offered on the platform (according to your package and payment plan). This includes the ability to place bids, and the ability to receive invitations from bid callers to submit bids on the services you provide (the two services are available in all monthly and annual plans).

According to our experience, the option to hide prices was the most effective option in the bidding, but this does not preclude that the option to show prices is more effective in special cases, and this depends on the type of bid and the competitors in it, so Munaqes has left the option to the user, as there are some competitions (in special cases ) in which showing prices is the best option.

Although Munaqes is the best, most optimal and most recent method, in order to obtain more successful and more effective bids through Munaqes, it is preferable to follow the following steps:

• Upload all of the bidding files, including requests, requirements and timetables, at an early date for the bidders.
• Give enough time to bidders to study their prices.
• Invite all bidders to bid early.
• (Note: the greater the number of competitors, the more intense the competition, and accordingly becomes more influential in lowering prices).
• It is preferable to allocate the time for submitting offers in the last hours of the end date of the bidding (it is preferable to specify two or three hours only for submitting offers through the settings) in order for everyone to devote themselves to presenting and monitoring prices and competing for the lowest price, and to make it easier for you to manage the bidding through the discussion room, and to ensure that everyone has offered his prices.
• Send some notifications through the platform, and respond to the bidders' inquiries, which will be directed to everyone to ensure the fairness and integrity of the bid.
• Ensure that all competitors have registered and familiarized themselves with the platform well in advance of the bidding date.
• Enjoy watching the price competition to get the contract with you at the lowest possible prices.

At the beginning, you have to register on Munaqes platform, submit your bid, and upload all of the bidding files, including requests, requirements, and timetables, at an early date for the bidders.

Then you will have to invite the competing bidders in advance before the beginning of the bidding to prepare their offers and get to know how the platform works well.

When the competition and offers are submitted, the platform arranges the offers submitted by the service providers, and a green arrow appears next to the best offer at the lowest price, and is placed in the highest order among the service providers competing in the bidding.

Competitors can modify their offered prices, so that they can reach the top of the list and submit the best offer. They can also communicate with you through the discussion room and ask their questions for you to answer, directing the answers to everyone openly to ensure the fairness and integrity of the bid.

When the deadline for the bidding ends, you will see a list of bids, so you can choose the best one.

Thus, you are guaranteed to get the best offer with integrity and transparency, without fraud or deception.

You can now easily use Munaqes platform by registering on the platform, then creating a new bid and entering the information and data of the bidding and its requirements, and the data of the competitors you wish to invite to enter the bidding, specifying the bidding start date and end date and time.

Service providers will submit their offers and the platform will automatically compare the offers and choose the best offer at the lowest price.

After the end of the bidding, the platform will show you the offers in order of best and lowest price so that you can choose the best offer among them.

Submitting Bids on Munaqes platform is limited to establishments that have a Saudi commercial registry, and the Bids available on Munaqes platform are closed, and invitations are sent to candidates to submit offers by the bid caller.

As an employer and bid caller, you can set the conditions you deem appropriate, and invite any service provider you wish to compete, and the platform will manage the bidding until it ends on the date you previously specified.

You can also postpone the date to increase the intensity of competition and access to better offers, and you can also hide the prices of the submitted offers, for the same reason.

Learn more about the terms and conditions for using Munaqes platform from here (Terms and Conditions)

In Munaqes platform, It is not limited to a specific type of bidding, or specific type of projects, but rather you can put forward all kinds of biddings, in all sectors, specify the requirements of the bid, its start and end time, invite service providers and then Munaqes platform will manage it from here, Which relieves you from dealing with service providers.

In Munaqes, we are aware of the obstacles that many face, such as following crooked ways in competitions to obtain a bidding in a field without entitlement, despite the existence of those who deserve it and the fulfillment of all conditions in it.

Biddings at Munaqes are not limited to companies in a specific sector, but rather include all companies in all fields such as commercial, industrial, medical, construction and architectural, and enable customers to easily submit bids for their services through the platform.

With Munaqes, all biddings and competitions are done in full transparency

Biddings are presented without disclosing the identity of their owners to ensure that it is completed without bias or concern, and the most important factor in it is the advantages of the offered offer over others, and compatibility with the requirements of the owner of the project, whether he is the owner of contracting projects, for example, or any other projects, which makes the presented offer the only point of choice.

In Munaqes, we guarantee you all transparency and integrity between each of the project owners and service providers.

As it enables them to bid at the lowest price with the ability to adjust the offered offer according to fierce competition.

We simply guarantee that your choice was made transparently and without manipulation!

Munaqes.. the bid as it should be.

Conducting Biddings needs many rules that enables conducting of the bidding process in an orderly manner, in addition to maintaining privacy and clarity during biddings.

First you log in, upload the bidding data and its requirements, and invite the service providers/offers without the need to deal with them directly, then after that you specify the bidding requirements and the start and end date, after that the site manages the bidding automatically to raise the best offer at the lowest price above and put a green arrow next to it .

The bidding process on Munaqes platform is characterized by the complete confidentiality of all data of service providers to ensure that the most appropriate offer is selected with accuracy and transparency, with the option to display the offered prices.

Munaqes enables you to follow the offered prices and find out the best offer at the lowest price after the end of the bidding.

If you are a service provider, you may be wondering about the most appropriate time to submit your offer in the various biddings on Munaqes platform.

We would like to assure you that you do not have to worry, you can apply at any time between the start and end date, where the best and lowest priced offer is chosen, and the selection is not based on the time of submission, and you have the right to adjust the price of the service to achieve the principle of competition and reach the best offer at the lowest price.

In some types of biddings, the bid caller may set a specific margin of time (two or three hours) for submitting offers, so that everyone can devote themselves to presenting and monitoring prices and competing for the lowest price.

The bidding on Munaqes platform is characterized by the ease of registration and the ease of evaluation and follow-up of the submitted offers.

• Simply register on Munaqes platform
• Then enter the information and data of the bid and its requirements.
• After that, enter the data of the competitors you wish to invite to enter the bidding.
• Then specify the bidding start date and end date and time.
• Then you (and your team) will have to receive competitors' inquiries and requests and respond to them, or upload any additional files required, if any, for all bidders to receive (you can do this step using a mobile application, download the application now).
• Follow the progress of the bid until it is completed on the specified date.
• If the bidders do not reach a suitable price, extend the time for everyone and add additional competitors.
• At the end of the bidding, the platform displays all the data of the bidders and the best prices from the final bidders offers for you to choose from.

Munaqes platform works automatically to manage biddings and compare offers as quickly as possible.

Some steps may take weeks or months when applying the bidding in the traditional way, such as the step of comparing papers and offers.

But with Munaqes, with the click of a button, you launch biddings and announce competitions, from the private sector or government biddings.

With the largest bidding platform and the first online bidding site in the Kingdom of Saudi Arabia, you will save days and months, and choose between the offered offers, as the bidding market becomes wide open, so that you can choose what suits you best with the fastest time and least effort.

One of the common questions that always comes to us is: Does Munaqes platform provide complete security?

We would like to reassure you that using the Munaqes platform for bidding is completely safe for several reasons:

• Biddings are managed on Munaqes platform in an automatic electronic manner, without the intervention of a human element, and thus without bias towards one of the competitors over others.
• The first and last word in the bid on Munaqes is the appropriate choice and the lowest price among all the offers put forward in the various biddings.
• The Bidding Department always seeks to preserve the privacy of bidding clients in order to avoid any kind of deception or fraud that occurs in actual bidding. You can learn more through the privacy policy page.
• We are also keen to present all offers at their prices only, and sometimes we also hide prices based on the desire of the bidder, without disclosing the bidders in order to preserve the progress of the bidding process in full transparency and clarity.. and to push the bidders to reach the best price.

So the answer is of course, bidding on Munaqes platform is very safe, transparent and fair.

• Log in to Munaqes platform website.
• Create your account on the Munaqes platform.
• Click on Create Bid.
• Enter the title of the bid, for example: the bid for the construction of a hotel building.
• Clearly define the bidding type to match your industry.
• Ensure that all invitees know the platform and how to use it
• Determine the duration of the bidding (for a better result, time the bidding in the last two or three hours).
• Choose the region in which the project will take place, for example: Riyadh, Jeddah, Makkah.
• Select the service providers/offers invited to the bidding and write the email address for each of them.
• Attach the bidding files and requirements with care and focus.
• You can choose between hiding or showing prices, preferably hiding prices to get the best out of bidders.
• Click Confirm to start bidding.

Bidding is an offer (often competitive) to set the lowest price a person is willing to receive in exchange for a service.

In the traditional form of bidding, when large companies -with many contracts that usually need purchases on a daily basis - put out a bidding, the Contracts and Purchasing Department collects offers and monitors prices, and this role is played by an authorized person in the case of small companies, then the administration or the authorized person begins to negotiate together, this In happens case that the administration is fair and just, or if the owner of the company himself is concerned with the bidding, in which case they are keen to reduce prices and that the bidding is conducted in a fair and honest manner.

But if the owner of the money is absent or the committee is not interested in reducing the price, then sometimes the bidding may be a reason for increasing the prices due to the increased negotiations.

However, in the case of the electronic bidding in Munaqes way, the process of sorting the bids submitted at their prices electronically takes place on the platform without the need for direct confrontation between service providers and bid callers, then the platform selects and arranges the best bids to increase competition between the parties providing services, until the expiration of the specified period for the bid and reaching the best offer at the lowest possible price.

This creates fierce competition that guarantees you obtaining lower prices by a percent that lies between 7% and 16%, a huge decrease in costs, due to the intensity of competition between bidders, and the big difference in the percentage is due to showing or hiding the prices of offers, so when showing them, the percentage of cost reduction was 7% but When hidden, the percentage decreased to about 16%.

At Munaqes, we simply seek to achieve and communicate a set of messages, which are:

• The interest of the employer (the bid caller), as we seek to reduce employers' expenses and increase their profits.
• Achieving justice in competition between bidders, and intensifying competition between them in order to reach the best offers at the lowest prices.
• Eliminate the manifestations of fraud and deception in the bidding process.
• Reducing the rates of direct communication between bidders and bid callers, and thus reducing the rates of problems and manipulation.
• Eliminate the need for employers to bargain and settle prices.
• Eliminate biases that may affect the integrity of the bidding process.

What are you waiting for, create your bid on Munaqes platform now!

Biddings at Munaqes are not usually done publicly, as they are closed and invitations are sent to candidates to submit offers by the Bid caller, and only invited bidders can submit offers for the services they provide in the bidding offered.

However, there is nothing to prevent the bid made on Munaqes from being public.

All you have to do is announce the bid through the usual official communication channels, receive the service providers' data, then create a bid on Munaqes and invite all those who sent their data to submit their offers on Munaqes platform through the data you received from them.