Bidding, estimating & procurement · Working
Bid assumption
Also called: pricing assumption
ELI5
A stated condition on which the treatment, schedule or cost is based.
Used in conversation
“State every bid assumption clearly, especially anything that could change the cost.”
Pitch context
You may encounter “Bid assumption” in advertising & director treatments conversations or materials.
Why it matters: Helps interpret the brief, director treatment, bid, award, production process and campaign deliverables.
Sources & evidence · 4
Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.
- Association of Independent Commercial Producers — AICP Guidelines and Best PracticesSupporting source family · institutional · checked 2026-08-14
- IPA / APA / ISBA — Production Pitch Process Initiative and Best PracticeSupporting source family · institutional · checked 2026-08-14
- AICP — AICP Bid FormSupporting source family · primary · checked 2026-08-14
- pitch.dog — Pitch Dictionary Deep Research SynthesisSupporting source family · practitioner · checked 2026-08-14