5. VeeBids Platform
VeeBids is being developed to solve a growing challenge in government and public sector contracting: the manual, time-consuming
process of identifying relevant bids, analyzing complex RFP documents, and preparing proposals. Many businesses miss critical
opportunities due to resource constraints or lack of efficient bid tracking tools. VeeBids aims to automate and enhance this process
using artificial intelligence and curated industry data—acting as both a pre-sales engineer and an IT product specialist.
What the Platform Will Do:
VeeBids is an AI-powered platform designed to function as a virtual bid analyst and proposal assistant. It will:
• Scan multiple public procurement platforms (e.g., SAM.gov, E-Rate, etc.)
• Filter bids that align with the user’s profile or service offerings
• Summarize complex RFPs into key requirements, saving significant time in evaluation
• Allow users to track specific bids for updates or amendments
• Analyze historical buying patterns to help users anticipate future solicitations and plan ahead
• Provide intelligent product recommendations based on vendor catalogs, compatibility, and past bid data
The platform is being trained using a growing dataset of product catalogs, past awarded contracts, and bid submissions, enabling it
to evolve into a robust, context-aware engine that mimics the capabilities of a seasoned procurement researcher.
Why the Platform Is Being Developed:
As VeeMost expands its public sector footprint, we identified a need for internal automation that could also serve as a commercial
product. VeeBids reflects our broader vision of enabling smarter procurement through AI. By developing this as a multi-tenant
SaaS platform, we aim to offer it to other IT service providers, procurement teams, and consultants who face similar operational
bottlenecks. VeeBids supports our goal of generating scalable, recurring revenue while reinforcing our position as both a
solution provider and an innovation leader.
Current Status:
VeeBids is still in active development within our Innovation Hub and is undergoing internal training and testing. MVP release and
pilot testing with select users have commenced.
6. Recent Developments
State of Ohio Contract via VeeBids Platform
The Company successfully secured a contract with the State of Ohio utilizing its proprietary platform, VeeBids. Under this agreement,
the State may purchase IBM software licenses through VeeMost Technologies Inc. for a period of one year, without the need for
additional competitive bidding processes. The contract also extends to any state agency within Ohio, enabling them to procure these
licenses directly under the established terms.
This achievement exemplifies the strategic vision behind the VeeBids platform—streamlining the government procurement process
and increasing accessibility for state and local entities to source critical technology solutions. A screenshot of the contract details is
provided below.