Final answer:
The main categories in a bid proposal are cost, design, and time, encompassing the budget for development, product drawings, and the engineering process, as well as the project timeline.
Step-by-step explanation:
The three main categories considered in a bid proposal are cost, design, and time. When preparing a bid proposal, it is essential to outline the budget for product development, providing a detailed financial plan for how costs will be managed. The design component typically includes drawings used to design the product as well as considerations of the engineering design process to ensure that all technical requirements are met. Lastly, the time factor involves setting a realistic and efficient schedule, detailing how long each phase of the project will take, from conception to completion.
A structured approach is key when selecting a design concept, ensuring that the chosen design meets all constraints and criteria. Detailed design will also include market analysis and specifications such as shapes and dimensions of all physical components. Structuring your proposal logically with a clear introduction and a well-organized body is crucial for any successful bid submission.