What Is a Bid Letter ?

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1. Guest7078
   

   A bid letter serves as a form of communication between a company and an independent contractor, vendor, or freelance worker. The letter outlines the products or services the contractor or freelancer is able to deliver, and what the cost of those services or products will be. Bid letters also frequently include a specific date or timeframe for completion.
   When a company wants a third party to perform certain tasks or provide specific products, generally, it will first clearly identify the services or products needed. Next, the company will put out a request for proposals. Interested contractors or freelancers will then draft a bid letter in response to the proposal request.

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