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The phrase "a bid process" is correct and usable in written English.
It can be used when referring to the procedure or series of steps involved in submitting bids for a project or contract.
Example: "The company has implemented a new bid process to ensure transparency and fairness in selecting contractors."
Alternatives: "a bidding procedure" or "a tendering process".
Exact(9)
The banks competed for a piece of the loan through a bid process.
And we were looking at a building on Madison — 285 Madison — it didn't even get to a bid process.
By the way, after the galvanising effect of a bid process, people think that it's all going to be rubbish.
Most of the Hueys were built during the Vietnam War, and avoiding a bid process could save a year or more in getting the replacements into the field.
The employee contributions would be pooled and conservatively managed by professional investment managers chosen by the state through a bid process.
After reviewing 13 projects that each cost at least $100,000 and required a bid process, state auditors found only two instances in which bids were documented.
Similar(51)
after a bidding process.
"They conduct a bidding process.
There should a bidding process".
A bidding process was not required, he said.
It won that contract in a bidding process in December 2001.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com