Broad-Based Black Economic Empowerment Act (B-BBEE Act)
Act 53 of 2003
Provides the empowerment-compliance context often used in public-sector supplier evaluation.
Relevant because this is a South African public-sector procurement opportunity.
Issuing Organization
Western Cape Tourism, Trade and Investment Promotion AgencyLocation
Western Cape
Closing Date
02 Oct 2026
Documents available on tender detail page
Tender Type
Request for Bid(Open-Tender)
Delivery Location
7th floor,Media 24 building, 40 Herengracht Street - Cape Town City Centre - Cape Town - 8000
Organization Type
GOVERNMENT
Published
11 Sept 2026
OCDS Reference
ocds-9t57fa-169971
Wesgro is inviting bids for a comprehensive global online foreign direct investment (fdi) intelligence platform. The service must provide global fdi project data, investment signals, contact details, trend analysis, graphics, and distinguish fdi inflows versus outflows. The platform must allow customisable reports and searches, include annual refresher training for users, and provide a dedicated account manager. Bids must be submitted physically into the tender box at ground floor, media 24 building, 40 heerengracht street, city centre, cape town. Bidders must be registered on the central supplier database (csd) and the western cape supplier evidence bank (wcseb). The evaluation includes a functional phase (minimum 70% or 105 out of 150 points) and a presentation phase (50 points), followed by price and b-bbee evaluation. The 80/20 or 90/10 preference point system will apply depending on the bid value.
Bidders must achieve a minimum functional score of 70% (105 out of 150 points) to proceed to the price and B-BBEE evaluation phase.
The platform must provide global FDI project data, investment signals, key contact details, trend analysis, graphics, and distinguish FDI inflows versus outflows.
Bidders must demonstrate the solution's fit for purpose and user experience in a presentation, worth up to 50 points.
Bidders must be registered on the Central Supplier Database (CSD) and the Western Cape Supplier Evidence Bank (WCSEB).
Bids must be submitted physically into the tender box at Ground floor, Media 24 building, 40 Heerengracht Street, City Centre, Cape Town; submissions left at security, reception, or with individuals will be disregarded.
Bidders must provide a dedicated account manager and annual refresher training for new or current users.
Bidders must complete and submit all standard bidding documents, including the B-BBEE affidavit or certificate, and disclose any family members employed by organs of state.
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Date & Time
Friday, 02 October 2026 - 11:00
Venue
null
Categories
Request for Bid(Open-Tender)
7th floor,Media 24 building, 40 Herengracht Street - Cape Town City Centre - Cape Town - 8000
Tenders in this industry often require registration with these bodies.
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AI Document Analysis Stages
Description
11 Sept
2026
Tender Published
Tender was published
02 Oct
2026
Closing Date
Tender closing date
These references help suppliers understand the public-procurement framework around this opportunity. They are generated from the tender category, issuing organisation type and procurement context.
These rules commonly apply to South African public-sector procurement.
Act 53 of 2003
Provides the empowerment-compliance context often used in public-sector supplier evaluation.
Relevant because this is a South African public-sector procurement opportunity.
Act 108 of 1996 (s217)
This is general procurement context, not legal advice. Always verify requirements in the official tender documents and issuing authority notices.
RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdf
Wesgro, the Western Cape's tourism, trade and investment promotion agency, is procuring a comprehensive global online service for cross-border foreign direct investment (FDI) data, covering all sectors, countries, world regions, and companies, for a three-year contract period. The service must provide a data platform with historical and current FDI flows, company-level insights, and benchmarking capabilities, with evaluation based on functionality (including a demo presentation), price, and B-BBEE status.
To download these documents and access AI-powered analysis, visit the main tender page.
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The tender seeks a service provider to supply an investment intelligence data platform that tracks and analyses foreign direct investment (FDI) signals, investment projects, capital values, and job creation. The platform must support customisable reporting, trend analysis, and graphics, and distinguish between FDI inflows and outflows across various geographic levels (company, county, state, country, region, city).
Important Dates
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdf (RFP){"closingDate":"11 September 2026","closingTime":"11h00","briefingSession":"{"date":"02 October 2026","time":"11h00","venue":"e/Time: N/A","is_compulsory":true}"}
Contact Information
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdf (RFP){"name":"MS Excel","email":"[email protected]","phone":null,"department":"ies.","address":"regions and companies for a period of three (3) years"}
Evaluation Criteria
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdf (RFP)Preference point system: either 80/20 or 90/10 will apply (delete whichever not applicable).
Bidder obtaining the highest total points (price + preference) will be awarded, subject to PPPFA.
If functionality is part of evaluation and two or more bids tie on preference, the bid with highest functionality score wins.
Bids scoring below the minimum functionality threshold (if applicable) may be disqualified.
Wesgro reserves the right to request additional information in writing for clarity during evaluation.
Wesgro reserves the right to reject incomplete or non-compliant bids.
Technical Specifications
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdf (RFP)Wesgro is the official Tourism, Trade and Investment Promotion and Facilitation agency for the Western Cape. Wesgro is
a legislated Schedule 3C Public Entity, as provided for in the Western Cape Investment and Trade Promotion Agency
Amendment Act, 2013. The Agency is governed by a Board of Directors appointed by the Executive Authority in terms of
section 3 of the Act.
Being a leading regional Tourism, Trade and Investment Promotion Agency is our vision.
Together with partners, drive inclusive and sustainable economic growth, strengthen competitiveness, and create jobs in
Cape Town and the Western Cape is our mission.
For the 2026/27 financial year, our strategy will be to:
a) A differentiated Cape Town & the Western Cape as a leading regional economy.
b) Increased foreign and domestic investment into Cape Town & the Western Cape.
c) Growth in Western Cape exports of goods and services.
d) Growth in leisure tourism consideration in international and local markets as well as growth in business events.
e) Future-fit, relevant and trusted Wesgro.
As a leading trade, tourism and investment promotion agency, Wesgro plays an instrumental role in ensuring that Cape
Town and the Western Cape is an investment destination of choice for investors.
Wesgro relies on credible data and analytics to understand the global FDI landscape in terms of the key source markets,
destination markets, sectors, sub-sectors, investing companies, etc. to make informed decisions and identify opportunities.
Wesgro is seeking proposals from credible service providers for the supply of a comprehensive global online offering of
services relating to cross border foreign direct investment flows, with data that covers all sectors, countries, world regions
and companies for a period of three (3) years.
Proposals are requested for the supply of a comprehensive global online offering of services relating to cross border FDI
flows, with data that covers all sectors, countries, world regions and companies for a period of three (3) years.
The service provider must deliver a data package solution with capabilities including, but not limited to, the following:
3.1. General Requirements
3.1.1 User-friendly interface (provide visual evidence of user interface)
3.1.2 Accessible in an online browser environment, application and/or dashboard
3.1.3 Flat file export capabilities for use in MS Excel
3.1.4 Global data for all world-regions
3.1.5 A minimum of fifteen years historical time-series data with monthly granularity
3.1.6 Present-year data on a month-by-month basis, allowing for an appropriate lag period of no more than two months
3.1.7 Direct data access e.g. API for data integration (optional)
3.2 Specific Data Requirements:
3.2.1 Greenfield (and optionally brownfield) FDI data segmentation including company level; yearly and monthly statistics
options; currency denomination; sector, sub-sector, industry, project type; source market and destination market,
i.e. city, state/county, country and regional level.
3.2.2 Measurable metrics need to include number of investment projects announced, value of capital investment, and
number of jobs created.
3.2.3 Ability to customise reports and search parameters including by time period, source market, destination market,
sector, currency, project type, company, capex, jobs.
3.2.4 Provide insights at investing company level including company profile, domicile, activities, revenues, foreign direct
investment signals & key contact details.
3.2.5 Provide trend analysis and graphics.
3.2.6 Distinction of FDI inflows versus outflows for select metric i.e., company, county, state, country, region, and City.
3.2.7 Distinction of FDI flows into sector versus sub-sector versus business activities.
3.2.8 Distinction of FDI flows by source market versus destination market.
3.2.9 Provide insights into future potential investment project leads and opportunities.
3.2.10 Ability to benchmark a city/country/regions competitiveness for select metrics against other locations.
3.3 End-users:
3.3.1 Number of online concurrent users permitted (cost per additional user beyond minimum threshold))
3.3.2 Value-added service provision of analyses or reports to stakeholders and clients that form part of the wider Wesgro
community or general public.
3.3.3 The service provider should specify any restrictions and/or additional costs associated with licensing rights for the
public dissemination of insights derived from the data. Responses should clearly define the scope of permitted use,
including formats, channels, attribution requirements, and any restrictions on publishing underlying data versus
aggregated insights.
3.4 Support and Maintenance:
3.4.1 List maintenance periods and scheduling of updates, additional services provided, and continued/on-going
technical support extent.
3.4.2 Comprehensive training provided for users including training manuals to support ongoing utilisation.
3.4.3 Annual refresher training provided for new users or current users if required.
3.4.4 A dedicated account manager to act as a single point of contact.
Quotations are requested for a comprehensive global online offering of services relating to cross border foreign direct
investment flows and data that covers all sectors and countries worldwide for a period of three (3) years
The successful service provider is expected to deliver the services listed in 3.1 to 3.4.
The provision of the data package solution should extend for three-years from the activation date. Payment will be scheduled
annually.
The tender will be evaluated on the following phases:
No Phase Description
1 Phase 1.1: Functional Bidders are required to achieve a combined minimum score of 70% for
requirements evaluation functional criteria in order to progress to be evaluated for the Price and
Bbb-ee.
Phase 1.2: Demo
presentation evaluation The bidder must achieve a minimum score of 55 points in the functionality
(part of functional evaluation criteria (Phase 1.1) to qualify for evaluation in Phase 1.2, which
evaluation) includes the functional criteria: demo presentation.
2 Phase 2: Price and BBBEE The 80/20 preference point system will be used to calculate points for
Price and BBB-EE, and the highest ranked bidder shall be the successful
bidder, unless objective criteria has been applied in accordance with
section 2 (1) (f) of the Preferential Procurement Policy Framework Act
(PPPFA).
Experience & Qualifications
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdfdocument in
proposal
Company A company profile detailing offering and Fair = 0 - 6 points
Solution Good = 7 - 13 points
b. After sales technical support
for ad-hoc data queries. Excellent = 14 - 20 points
c. Comprehensive training
provided for users including
training manuals to support
ongoing utilisation.
d. Annual refresher training
provided for new users or
current users if required.
e. Monthly maintenance schedule
of data platform.
Experience & Provide evidence of successful Fair = 0 - 6 points
Track Record execution of at least three (3) similar
projects in the past three (3) years, Good = 7 - 13 points
with three (3) client testimonials
Excellent = 14 - 20 points
Total 100
Phase 1.2: Demo presentation evaluation (part of functional evaluation)
Phase 1.2 of the functional evaluation criteria (presentation) will be scored as follows:
Presentation Points available - max 50 Maximum points
demonstrate their Demonstrate the user experience. Fair = 0 - 20 points
proposed system Demonstrate search capabilities.
to Wesgro. Demonstrate integration and download capabilities. Good = 21 40 points
Financial Requirements
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdf (RFP)Payment Terms: PAYMENT TERMS
Wesgro payment terms are 30 days on receipt of invoice and services rendered/goods delivered, and is aligned to the National
Treasury General Conditions of Contract (GCC).
Service Providers must submit their tender response by physical submission only to the following address:
Ground floor, Media 24 building, 40 Heer
Compliance Requirements
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdf (RFP)Yes No Yes No IF YES, WAS THE [TICK APPLICABLE BOX] CERTIFICATE ISSUED BY A VERIFICATION AGENCY ACCREDITED Yes No BY THE SOUTH AFRICAN NATIONAL ACREDITATION SYSTEM (SANAS) [A B-BBEE STATUS LEVEL VERIFICATION CERTIFICATE/SWORN AFFIDAVIT (FOR EMEs& QSEs) MUST BE SUBMITTED TOGETHER WITH A COMPLETED 6.1 IN ORDER TO QUALIFY FOR PREFERENCE POINTS FOR B-BBEE] ARE YOU THE Yes No Yes No ACCREDITED ARE YOU A FOREIGN REPRESENTATIVE IN BASED SUPPLIER FOR [IF YES, ANSWER THE SOUTH AFRICA FOR [IF YES ENCLOSE PROOF] THE GOODS /SERVICES QUESTIONNAIRE BELOW] THE GOODS/ /WORKS OFFERED? SERVICES/ WORKS OFFERED? QUESTIONNAIRE TO BIDDING FOREIGN SUPPLIERS IS THE ENTITY A RESIDENT OF THE REPUBLIC OF SOUTH AFRICA (RSA)? YES NO DOES THE ENTITY HAVE A BRANCH IN THE RSA? YES NO DOES THE ENTITY HAVE A PERMANENT ESTABLISHMENT IN THE RSA? YES NO DOES THE ENTITY HAVE ANY SOURCE OF INCOME IN THE RSA? YES NO IS THE ENTITY LIABLE IN THE RSA FOR ANY FORM OF TAXATION? YES NO STATUS SYSTEM PIN CODE FROM THE SOUTH AFRICAN REVENUE SERVICE (SARS) AND IF NOT REGISTER AS PER 2.3 BELOW. PART B TERMS AND CONDITIONS FOR BIDDING
Bid submission: 1.1. Bids must be delivered by the stipulated time to the correct address. Late bids will not be accepted for consideration. 1.2. All bids must be submitted on the official forms provided (not to be re-typed) or in the manner prescribed in the bid document. 1.3. This bid is subject to the preferential procurement policy framework act, 2000 and the preferential procurement regulations, 2022, the general conditions of contract (gcc) and, if applicable, any other special conditions of contract. 1.4. The successful bidder will be required to fill in and sign a written contract form (wcbd7). 1.5. Bidders must initial each page of the bid.
TAX COMPLIANCE REQUIREMENTS 2.1 BIDDERS MUST ENSURE COMPLIANCE WITH THEIR TAX OBLIGATIONS. 2.2 BIDDERS ARE REQUIRED TO SUBMIT THEIR UNIQUE PERSONAL IDENTIFICATION NUMBER (PIN) ISSUED BY SARS TO 2.3 APPLICATION FOR TAX COMPLIANCE STATUS (TCS) OR PIN MAY ALSO BE MADE VIA E-FILING THROUGH THE WEBSITE WWW.SARS.GOV.ZA. 2.4 BIDDERS MAY ALSO SUBMIT A PRINTED TCS CERTIFICATE WITH TOGETHER WITH THE BID. 2.5 IN BIDS WHERE CONSORTIA / JOINT VENTURES / SUB-CONTRACTORS ARE INVOLVED; EACH PARTY MUST SUBMIT A SEPARATE TCS CERTIFICATE AND CSD NUMBER AS MENTIONED IN 2.3 ABOVE. 2.6 WHERE NO TCS PIN IS AVAILABLE BUT THE BIDDER IS REGISTERED ON THE CENTRAL SUPPLIER DATABASE (CSD), A CSD NUMBER MUST BE PROVIDED. 2.7 NO BIDS WILL BE CONSIDERED FROM PERSONS IN THE SERVICE OF THE STATE, COMPANIES WITH DIRECTORS WHO ARE PERSONS IN THE SERVICE OF THE STATE, OR CLOSE CORPORATIONS WITH MEMBERS PERSONS IN THE NB: FAILURE TO PROVIDE / OR COMPLY WITH ANY OF THE ABOVE PARTICULARS MAY RENDER THE BID INVALID SIGNATURE OF BIDDER: CAPACITY UNDER WHICH THIS BID IS SIGNED: (Proof of authority must be submitted e.g. company resolution) DATE
B-BBEE Minimum Level: 0
Points Allocation: 55 points
B-BBEE Details: re, Cape Town
Bidding procedure enquiries may be directed to technical enquiries may be directed to:
CONTACT PERSON Carol Siyakwazi CONTACT PERSON Janine Botha
Telephone number n/a telephone number n/a
Facsimile number n/a facsimile number n/a
E-MAIL ADDRESS [email protected] E-MAIL ADDRESS [email protected]
Supplier information
Name of bidder
Postal address
Street address
Telephone number code number
Cellphone number
Facsimile number code number
E-mail address
VAT registration
Number
Supplier tax central
Compliance status compliance supplier
System pin: and database
No: MAAA
B-bbee status [tick applicable box] b-bbee status level [tick applicable box]
Level verification sworn affidavit
Certificate
Yes No Yes No
If yes, was the [tick applicable box]
Certificate issued
By a verification
Agency accredited
Yes No
By the south
African national
Acreditation
System (sanas)
[A B-BBEE STATUS LEVEL VERIFICATION CERTIFICATE/SWORN AFFIDAVIT (FOR EMEs& QSEs) MUST BE SUBMITTED
Together with a completed 6.1 In order to qualify for preference points for b-bbee]
ARE YOU THE Yes No Yes No
Accredited
Are you a foreign
Representative in
Based supplier for [if yes, answer the
South africa for
[If yes enclose proof] the goods /services questionnaire below]
The goods/
/Works offered?
Services/ works
Offered?
Questionnaire to bidding foreign suppliers
Is the entity a resident of the republic of south africa (RSA)? yes NO
Does the entity have a branch in the RSA? yes NO
Does the entity have a permanent establishment in the RSA? yes NO
Does the entity have any source of income in the RSA? yes NO
Is the entity liable in the RSA for any form of taxation? Yes NO
Status system pin code from the south african revenue service (SARS) and if not register as per 2.3
Belo
Health & Safety
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdf3.1. General Requirements
3.1.1 User-friendly interface (provide visual evidence of user interface)
3.1.2 Accessible in an online browser environment, application and/or dashboard
3.1.3 Flat file export capabilities for use in MS Excel
3.1.4 Global data for all world-regions
3.1.5 A minimum of fifteen years historical time-series data with monthly granularity
3.1.6 Present-year data on a month-by-month basis, allowing for an appropriate lag period of no more than two months
3.1.7 Direct data access e.g. API for data integration (optional)
3.2 Specific Data Requirements:
3.2.1 Greenfield (and optionally brownfield) FDI data segmentation including company level; yearly and monthly statistics
options; currency denomination; sector, sub-sector, industry, project type; source market and destination market,
i.e. city, state/county, country and regional level.
3.2.2 Measurable metrics need to include number of investment projects announced, value of capital investment, and
number of jobs created.
3.2.3 Ability to customise reports and search parameters including by time period, source market, destination market,
sector, currency, project type, company, capex, jobs.
3.2.4 Provide insights at investing company level including company profile, domicile, activities, revenues, foreign direct
investment signals & key contact details.
3.2.5 Provide trend analysis and graphics.
3.2.6 Distinction of FDI inflows versus outflows for select metric i.e., company, county, state, country, region, and City.
3.2.7 Distinction of FDI flows into sector versus sub-sector versus business activities.
3.2.8 Distinction of FDI flows by source market versus destination market.
3.2.9 Provide insights into future potential investment project leads and opportunities.
3.2.10 Ability to benchmark a city/country/regions competitiveness for select metrics against other locations.
3.3 End-users:
3.3.1 Number of online concurrent users permitted (cost per additional user beyond minimum threshold))
3.3.2 Value-added service provision of analyses or reports to stakeholders and clients that form part of the wider Wesgro
community or general public.
3.3.3 The service provider should specify any restrictions and/or additional costs associated with licensing rights for the
public dissemination of insights derived from the data. Responses should clearly define the scope of permitted use,
including formats, channels, attribution requirements, and any restrictions on publishing underlying data versus
aggregated insights.
3.4 Support and Maintenance:
3.4.1 List maintenance periods and scheduling of updates, additional services provided, and continued/on-going
technical support extent.
3.4.2 Comprehensive training provided for users including training manuals to support ongoing utilisation.
3.4.3 Annual refresher training provided for new users or current users if required.
3.4.4 A dedicated account manager to act as a single point of contact.
The appeal period will be open for a period of 14 calendar days subsequent to the awarding of the tender to the successful
bidder.
(a) partner in marriage or civil union according to legislation;
(b) partner in a customary union according to indigenous law; or
(c) partner with whom he or she cohabits and who is publicly acknowledged by the person as his or her life partner or
permanent companion.
conducting business with an organ of state, or holding a directorship in a public or private company doing business with
an organ of state unless the employee is a director (in an official capacity) of a company listed in schedules 2 and 3 of
the Public Finance Management Act.
a) Therefore, by 31 January 2017 all employees who are conducting business with an organ of state should either
have:
(i) resigned as an employee of the government institution or;
(ii) cease conducting business with an organ of state or;
(iii) resign as a director/shareholder/owner/member of an entity that conducts business with an organ of state.
or contractor, its shareholders and directors, or only the shareholders and directors who acted
on a fraudulent basis, may be restricted from obtaining business from any organ of state for a
period not exceeding 10 years, after the audi alteram partem (hear the other side) rule has been
applied.
(f) The purchaser may, in addition to any other remedy it may have
(i) disqualify the person from the bidding process;
(ii) recover costs, losses or damages it has incurred or suffered as a result of that
conduct;
(iii) cancel the contract and claim any damages which it has suffered as a result of having to make
less favourable arrangements due to such cancellation; and
(iv) forward the matter for criminal prosecution.
(g) The information furnished is true and correct.
(h) The preference points claimed are in accordance with the General Conditions as indicated in
paragraph 2 of this form.
Signature(s) of the bidder(s):
Date:
Section
Source: RFP_SCM003-2026 - Provision of global online FDI data tool_for a period of three (3) years.pdfThe evaluation will use a preference point system (either 80/20 or 90/10 as applicable). The bidder with the highest total points (price plus preference) will be awarded, subject to the Preferential Procurement Policy Framework Act. If functionality is part of the evaluation and two or more bids tie on preference points, the bid with the highest functionality score will be selected. Bids that do not meet the minimum functionality threshold may be disqualified. Wesgro may request additional information in writing for clarity during evaluation. Wesgro reserves the right not to award the bid if the bid price is unreasonable or if the specifications are not met.
Sets the constitutional standard for fair, equitable, transparent, competitive and cost-effective public procurement.
Relevant because this is a South African public-sector procurement opportunity.
Act 5 of 2000
Covers preferential procurement and preference-point systems used in public tenders.
Relevant because this is a South African public-sector procurement opportunity.
Act 12 of 2004
Supports anti-corruption controls and supplier integrity in procurement processes.
Relevant because this is a South African public-sector procurement opportunity.
Act 28 of 2024
Provides the national framework for public procurement across government.
Relevant because this is a South African public-sector procurement opportunity.
Act 2 of 2000
Supports access to tender records, award decisions and public-sector procurement information.
Relevant because this is a South African public-sector procurement opportunity.
Act 3 of 2000
Supports lawful, reasonable and procedurally fair administrative tender decisions.
Relevant because this is a South African public-sector procurement opportunity.
These rules are linked to the type of public body issuing this tender.
Act 71 of 2008
Relevant to governance and reporting obligations for state-owned companies and public entities.
Relevant because this tender appears to involve professional consulting, advisory, research, feasibility, or management services.
These rules are linked to the work category, industry, or regulated service area.
Act 38 of 2001
Relevant to financial services, audit, accounting, KYC and anti-money-laundering obligations.
Relevant because this tender appears to involve professional consulting, advisory, research, feasibility, or management services.
Address
7th Floor, Naspers Centre, 40 Heerengracht St, Cape Town City Centre, Cape Town, 8000, South Africa
Source confidence
High source confidence
Official source
eTenders.gov.za
Documents found
1
Last checked
12 Sept 2026
AI status
Enhanced
Data conflicts
None detected
This tender has strong source evidence, including source metadata and supporting tender information synced from the government tender portal.
Tenders SA is not the issuing authority. All tenders are automatically synced from the official government tender portal. Always confirm final submission details, closing dates, briefing sessions, eligibility requirements, and documents on the official government portal before applying.
Contact
+27 21 487 8600www.wesgro.co.za7th Floor, Naspers Centre, 40 Heerengracht St, Cape Town City Centre, Cape Town, 8000, South Africa
Median Estimate
R 351 439
Range
Based on 25 comparable awarded tenders. Companies with similar profiles typically bid near the median.
* Estimates are based on historical data and do not guarantee actual award values.
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