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Poster Name:
LOL 777

Poster Message:
If in the matching process of PNMs to chapters, a chapter does not match to quota, they have the opportunity to offer a snap bid. The window for snap bids is from the time the matching occurs right up until bids are given out. One that happens, snap bidding ends. PNMs who have participated in the recruitment process or did not receive a bid in bid matching are eligible for snap bids. Chapters who didn't match to quota or total can still give out bids once the window closes, but it is then called Continuous Open Bidding or COB. A chapter can give bids out at any time after recruitment in COB if they are under total or did not match to quota. This is the process used to allow chapters that are smaller in size to reach average or median chapter size.