Bidding math

How many bids do we have to submit to win one?

The short answer

Nobody can tell you an industry number that will be true for your firm, and any figure you find quoted online is drawn from a different mix of buyers, categories, and qualification discipline than yours. But you can compute your own answer in ten minutes from your last twelve months, and that number is the only one worth planning against.

The useful version is not a percentage. It is hours per win: how many hours of unbilled response work your firm currently spends to produce one contract. That number tells you immediately whether the problem is your writing, your qualification, or your capacity.

Last reviewed: September 1, 2026Sources checked September 1, 2026Review due December 1, 2026Revision 1.05 min readReviewed by John Arndt under the editorial policy
On this page
01

Compute the rate from your own records

Count the responses you actually submitted in the last twelve months and the ones you won. Exclude opportunities you decided not to bid — those belong in a separate qualification metric, not in your win rate.

If you cannot produce those two numbers, that is the first finding. A bidding program without a recorded submission log is a program that cannot be improved, only repeated.

02

Convert the rate into hours

Multiply your average response hours by the number of submissions required per win. That gives you the true cost of a win in capacity, which is the currency small firms are actually short of.

Compare that against the gross margin of a typical contract. If the hours cost more than the margin, no amount of additional bidding fixes it — the mix has to change.

03

Two levers, and only one is usually right

You can raise the rate by qualifying harder — bidding fewer, better-fit opportunities — or raise the volume by adding capacity. Adding volume at an unchanged rate multiplies both wins and wasted hours in the same proportion.

For most small firms, the first lever is where the return is. Cutting the bottom third of your pursuits and redirecting those hours into the top third generally moves the rate more than any writing improvement.

04

Segment before you conclude

Split the log by buyer type, contract size, and whether you were an incumbent. A blended rate hides the useful signal: usually a category where you win regularly and a category where you never have.

The second category is where the savings are. Stopping is a legitimate strategy and it is measurable.

Use this without buying anything

Worked example: your own numbers, ten minutes

Fill in each line from your submission log. The figures below are an illustration of the arithmetic, not a benchmark and not a Postedly measurement of any customer.

Responses submitted in the last twelve months
12
Contracts won
2
Win rate
16.7 percent, or about one in six
Average response hours per submission
62
Response hours per win
372
Target wins for next year
3
Submissions required at the current rate
18
Response hours required at the current rate
1,116
Submissions required if the rate improves to one in four
12
Response hours saved by that improvement
372

Improving the rate from one in six to one in four returns an entire win's worth of hours without adding a single submission. That is why qualification discipline usually outperforms volume for a firm without a proposal desk.

Run the same table segmented by buyer type and contract size. If one segment has produced zero wins across several attempts, the decision is not to write better proposals there. It is to stop bidding there.

All figures are placeholders for your own data. Postedly does not publish win rates, customer results, or industry averages.

win rate, capture rate, and pipeline math

What procurement people call this

Proposal teams track several related numbers: submission win rate, capture rate, and the ratio of opportunities identified to opportunities pursued. Together they describe whether a bidding program is a business or a habit.

You do not need the vocabulary to benefit. One spreadsheet with date, buyer, contract value, hours spent, and outcome will support every decision on this page.

Verified September 1, 2026

Check these before you act

Statutes, manuals, and portals change, and the current solicitation always controls over anything written here.

FAQ

Related questions

What is a good win rate?

Whatever makes your hours-per-win affordable against your margin. A 20 percent rate on small contracts can be worse than a 10 percent rate on large ones. Judge the economics, not the percentage.

Should no-bid decisions count against the rate?

No. Track them separately. A rising no-bid ratio alongside a rising win rate is exactly what improving qualification looks like.

How far back should we look?

Twelve months if you have enough submissions to be meaningful; otherwise use everything you have and treat it as directional. Small samples move a lot on one result.

We have never tracked this. Where do we start?

One row per submission, starting with the next one: date, buyer, contract value, hours spent, outcome, and the reason if you lost. Six entries is enough to start seeing the pattern.

Next

Where to go next

Boundary

This page is general business information, not legal, procurement, certification, tax, or compliance advice. The current official solicitation, its addenda, and the buyer’s instructions control.

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The bid decision

Should my company bid on this RFP?

Decide whether to bid using disqualifiers first, then a weighted fit score, with a printable worksheet you can fill in for one opportunity today.