Terminology - BQ

Bid/Quote: Sometimes abbreviated as BQ. The standard module of BusinessPlus that supports the formal bid process. While the module provided features to track and evaluate bids, the advertising and data entry was done manually. Originally released as a Triad module in Classic, this module has been available in 7i as of 7.6.
Bid Online: Sometimes abbreviated as BO. An "add on" module to Bid/Quote that allows sites to advertise bids on a Web site as well as collect online bid responses directly from the vendors.
Bid: A collection of one or more items or services for which the site is required to obtain competitive pricing. Bids typically follow the rules of a "formal bid process" or "sealed bid process."
Quote: A collection of one or more items or services for which the site is required to obtain a certain number of price quotes. These "informal quotes" are often obtained over the phone or email. Bid Online allows quotes to be submitted online.
Advertise Date: The date a bid is made available for public view.
Open Date: The date when the system starts allowing bid responses.
Close Date: The date when the system stops allowing bid responses.
Opening Date: The date when the system allows the BusinessPlus user to decrypt and import the sealed bid responses.
Bidder: A person or company that provides good or services and interacts with the public Bid Online web pages. Bidder information is held in Bid Online only.
Vendor: A person or company with which the site does (or expects to do) business. Vendor information is held in the Person/Entity (PE) module of BusinessPlus.
Publish: To send information from the BusinessPlus system to the Bid Online server.
Response: The prices and other information provided by a bidder in regard to a specific bid.
Shipment: Bid response information that is physically sent from the bidder to the site.
Amendment: A change to a bid that has already been advertised to the public.
Commodity Code: A code from a standardized list used to identify the type of goods or services. Bid online supports the NIGP and UNSPSC commodity code sets.
Entity: An identifier assigned to a site or a portion of a site. One entity typically represents one or more BusinessPlus database instances.
Question Set: A group of bid questions that can be assigned to a bid.
Bid Question: A question that is presented to the bidder as they respond to a bid.
Q&A: Questions asked by bidders and answered by buyers during the bid response period.