Frequently Asked Questions

About PB FAQs

 

What is PlanetBids?

Who can use PlanetBids?
Who is a Buyer?
Who is a Supplier?
Am I a Buyer or a Supplier when I register?
How do Buyers/Suppliers benefit from using PlanetBids?
How do Buyers and Suppliers complete their transactions?
Is there a fee to register to use PlanetBids for the Buyers and Suppliers?
How are Suppliers charged for their service?
Why are Suppliers charged a fee to submit a bid?
How does a Supplier pay for Bid fees?
Is there a commission fee if the Buyer closes a transaction with a Supplier?
How much is the commission fee?
Are there any other fees?
Is there a refund policy for sellers?
 

 

 

What is PlanetBids?

PB_btn_top_01.gif (221 bytes)


PlanetBids is the marketplace for Buyers and Suppliers that serve the construction industry at all levels, from small and medium size businesses to large government and corporate Buyers.  This is accomplished by providing companies with the ability to submit bid requests and have suppliers search and bid for these requests over the Internet.

 

 

Who can use PlanetBids? PB_btn_top_01.gif (221 bytes)

Anyone in the construction industry can use PlanetBids, which include Project Owners, Contractors, Sub-Contractors, Engineers, Architects, Suppliers, Government Agencies.

 

 

Who is a Buyer? PB_btn_top_01.gif (221 bytes)

A Buyer is anyone who needs a service or supplies.  A Buyer is a Project Owner, Contractor, Sub-Contractor, etc...

 

Who is a Supplier? PB_btn_top_01.gif (221 bytes)

A Supplier is anyone or any business who can provide the Buyer with the services or supplies requested.

 

Am I a Buyer or a Supplier when I register? PB_btn_top_01.gif (221 bytes)

When you register, you register as a Buyer and Supplier.   PlanetBids provides all registered members with tools to act as Buyers and as Suppliers.  You can be a Buyer for your own projects or needs, and a Supplier for projects which need your expertise or services.

 

 

How do Buyers/Suppliers benefit from using PlanetBids? PB_btn_top_01.gif (221 bytes)

Buyers and Suppliers benefit from using PlanetBids.com because it is a marketplace for both who serve in the construction industry.  PlanetBids is a network channel between Buyers and Suppliers, where the purchasing process is simplified and efficient.

 

 

How do Buyers and Suppliers complete their transactions? PB_btn_top_01.gif (221 bytes)

The transaction is complete when the Buyer chooses and contacts the Supplier by phone or email.

 

 

Is there a fee to register to use PlanetBids for the Buyers and Suppliers? PB_btn_top_01.gif (221 bytes)

There is no fee to register with PlanetBids.  Buyers can submit their bid requests at no cost.  Suppliers are charged a small fee when they Submit a Bid. 

 

 

How are Suppliers charged for their service? PB_btn_top_01.gif (221 bytes)

After a Bid is submitted by the Supplier a minute charge is applied.  A commission fee is applied to the Supplier that the Buyer chooses.

 

 

Why are Suppliers charged a fee to submit a bid? PB_btn_top_01.gif (221 bytes)

The fee is to make sure the Supplier has inputted actual information and an actual bid.  PlanetBids is also providing a service to bring together the Buyers and Suppliers of this industry.  It promotes your business to Buyers nationwide.

 

 

What happens after a Supplier submits a Bid?
After

 

 

How does a Supplier pay for Bid fees? PB_btn_top_01.gif (221 bytes)

During the registration process, you are asked to put in your credit card information.  At the end of the month, your credit card will be charged for the total number of bids placed for that month.

 

 

How much will a Supplier be charged to place a Bid? PB_btn_top_01.gif (221 bytes)

A Supplier will be charged a small fee per each Bid they submit.

 

 

Is there a commission fee if the Buyer and Supplier complete a transaction? PB_btn_top_01.gif (221 bytes)

Yes, there is a commission fee if the Buyer closes a transaction with a Supplier.  That fee is charged depending on the amount of the transaction.   Click here to view the commission fee table.

 

 

When is the commission fee charged?
 

 

 

How much is the commission fee? PB_btn_top_01.gif (221 bytes)

The commission fee is charged depending on the amount of the transaction.  Click here to view the commission fee table.  PlanetBids' service is to help the Suppliers find new and valuable customers.

 

 

Are there any other fees? PB_btn_top_01.gif (221 bytes)

There are no other fees besides the ones listed above.

 

Is there a refund policy for sellers? PB_btn_top_01.gif (221 bytes)

There are no refunds offered at PlanetBids for the submitted bids and the commission fees.