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Workday User Guide
Last Updated: 2024-02-23
Set Up Sealed Bids

Set Up Sealed Bids

You can seal bids on your event so you can't open them before the final submission deadline. A sealed bid event ensures a fair bidding process and is often a requirement for public and governmental institutions. When you seal bids:
  • Suppliers can submit bids at any time.
  • You as the buyer can't open them until your bid submission deadline passes.
  1. Access the
    Setup Your Event
    page.
  2. Select
    Event Options
    .
  3. From the
    Sealed Bids
    prompt, select
    Yes
    .
    Your selection applies across all supplier bids.
    This prompt is only available if a company admin has enabled sealed bids in
    Settings
    .
The bids you receive on your purchasing event won't be viewable by you or anyone on your team until the deadline has passed.