BHS

A Bid History Summary is a compilation of historical bidding data for a specific requirement or commodity, showing previous bid prices, number of bidders, and award outcomes. BHS supports market research and price reasonableness determinations for follow-on procurements.

Contracting officers use BHS data to establish price expectations and evaluate current proposals against historical norms. Contractors can reference publicly available bid history through FPDS and other sources to inform pricing strategies. Understanding historical pricing helps contractors position competitively while maintaining profitability.