Bid Manager Salary in Chicago, Illinois

How much does a Bid Manager make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Bid Manager in Chicago, IL is $136,991. Salary.com reports that pay typically ranges from $120,588 to $154,466, with most professionals earning between $105,653 and $170,375.

Search Bid Manager Jobs in Chicago, IL

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for an Bid Manager

$120,588 to $154,466

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Bid Manager Salary:
Select State
Select City in IL
Choose Similar Job
Pick Related Category
View Cost of Living in Chicago, Illinois

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

What is a Bid Manager?

A Bid Manager is an executive sales role within an organization, responsible for managing bids generally in response to request for proposals (RFPs) from customers, but also as proactive pursuits for business. Bid managers orchestrate the creation of the solution and proposal as â€˜Bid Project Managersâ€™ ensuring compliance with customer requirements while highlighting company value proposition. The role of a Bid Manager often works with company board directors and C-level management (i.e. CEO, CFO) to bring and deliver strategic approaches to win bids....

Source: Wikipedia (as of 09/06/2019). Read more from Wikipedia

See user submitted job responsibilities for Bid Manager.

Search Bid Manager Job Openings

Job Openings for Bid Manager in Chicago, IL

What does a Bid Manager do?

Common responsibilities of a Bid Manager

Review all customer requirements to ensure that they are met in the proposal and collaborate with a wide variety of involved parties to include all necessary information within the proposals.

October 05, 2022

Develop sustainable processes and content to ensure we can scale efficiently and effectively and make the best use of our resources eg build proposal handbooks, knowledge bases with boilerplate content.

December 02, 2022

Lead customer facing activities (customer interviews, Q/A sessions, project milestone meetings, design approvals, final acceptance procedures) from bid generation to project acceptance and closure.

December 05, 2022

Tracks risk, risk impact and mitigation plan throughout the bid process, including the schedule and cost impact associated with the risk, defining the program contingency.

December 19, 2022

Demonstrated and advanced knowledge of the wind energy construction market, estimating strategies, estimating techniques, cost control, and scheduling of work.

March 15, 2023

Prepare the Costing package for TRM (Tender Review Meeting) (cost analysis/bridges, standard report, cash curve, etc), and support the tender leader on the preparation of the pricing sheet for the customer.

March 31, 2023

Provide feedback and support to financial management to support CFO with establishing budgets, P&L reporting in order to achieve annual earnings goals.

May 06, 2023

Manage the bid and proposal processes to ensure a focused and consistent approach to development and submission of bids or proposals compliant with company policy, FAR and DFAR, and contract requirements Periodically assess, recommend changes to, and fully document updates to the bid and proposal process.

May 20, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Bid Manager Salary By Experience Levels in Chicago, IL

How much should you be earning in Bid Manager in Chicago, IL based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Bid Manager in Chicago, IL

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Bid Manager Salary By Level of Education in Chicago, IL

Do you know how much should you be paid for a Bid Manager position in Chicago, IL based on your education level?

Tell us about your education and see an estimate of earnings for Bid Manager in Chicago, IL and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Bid Manager in Chicago, IL

Average Base Salary

Core compensation

120588

154466

136991

Average Total Cash Compensation

Includes base and annual incentives

129215

170738

147366

What is the average salary for Bid Manager in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Bid Manager in Chicago, IL. The base salary for Bid Manager ranges from $120,588 to $154,466 with the average base salary of $136,991. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $129,215 to $170,738 with the average total cash compensation of $147,366.

View Average Salary for Bid Manager as table

	Average Salary	Average Salary Range
Base Salary	$136,991	$120,588 - $154,466
Bonus	$10,375	$8,627 - $16,272
Total Pay	$147,366	$129,215 - $170,738

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Bid Manager Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $120,588 - $154,466	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $120,588 - $154,466	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $120,447 - $154,286	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $120,541 - $154,406	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $120,541 - $154,406	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $118,067 - $151,237	COMPARE TO Chicago, IL

See salaries for Bid Manager in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Bid Manager in Chicago, IL

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Bid/Quote Manager	LOCATION Chicago, IL	MINIMUM SALARY $117,500	MAXIMUM SALARY $138,300
JOB TITLE Bid/Quote Administrator	LOCATION Chicago, IL	MINIMUM SALARY $65,100	MAXIMUM SALARY $76,600
JOB TITLE Engagement Bid/Proposal Manager	LOCATION Chicago, IL	MINIMUM SALARY $117,490	MAXIMUM SALARY $138,290

The Bid Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.