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In the video tutorial, the process of creating a new bid within the proposal program is explained. By selecting 'new' from the file menu, users can choose the company they are estimating for. The next steps include selecting a customer from the customer list and choosing a project from planner or image editor. There is also an option to do a quote on things that do not require a design project. Adding a new customer is possible by clicking on the 'add new customer' button.
