Position Bidding Overview 

BidPlus provides you with the ability to automatically Position Bid the Lines you have selected, whether Searched or Selected Manually, in all of your Banks simultaneously, regardless of how many Banks and Lines there may be.

Position Bidding can only be accomplished from the Review and Edit screen of any Bank. To begin, click on the F/Y Position Bid button in the button bar.

You are then presented with the Position Bid dialog box.

Notice in the middle of the box are 3 choices that allow you to apply your position bidding to either the selected Line in the Bank you are in, or to the end of the Bank you are in, or to the end of the entire bid, regardless of how many Banks there might be.

For our example, we will keep things simple. We will use a Bank that only contains 5 Lines.

Line #[1001] is a 1 position line, [801] is a 3 position with no 757s, [70] is a 3 position line with 757s, [215] is a 7 position line, and [305] is a 10 position line.

To enter the positions in the Position Dialog Box, click on the 1st of the 8 available boxes and display the position choices.

The '#' sign means a line number with no position applied. That is why the '#' sign is in the first box when you first open the Position Bid dialog box. For this example, we will enter 'F' in the first box. To enter the positions quicker, use the tab key. Now tab from box to box and simply type in the desired position.

Notice that we have chosen to select the second choice to "Apply to current active Bank only". We have also chosen to Group by Line Number. Now click OK.

As you can see here, the positions have been applied appropriately.
- Line [1001] has no position applied as it is an XSC line.
- Line [801] has F & Y applied as a 3 position line with no 757s.
- Line [70] has F, V, & Y applied as a 3 position line with 757s.
- Line [215] has F, B, C, D, E, V, & Y applied as a 7 position line.
- Line [305] has F, B, C, D, E, V, & Y applied as a 10 position line.

Now let's make a change. Instead of grouping by Line Number, let's group by Position.

Now click OK.

Notice how all of the Line Numbers with the same positions are now grouped together.

The last item in the Position Bid lesson is the Override automatic position check. The purpose of this check box is for those domiciles that have positions applied outside of the normal scheme of things. Occasionally a domicile, such as HNL, will have a 4 position line that is to be bid with all premium positions. But the normal position accuracy check in the feature will not allow it. However, by checking this box, you are able to work outside of the normal rules and apply the F, B, C, & D positions (or whatever) to any line.