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In this video tutorial, viewers learn how to create a new bid within the proposal program. The process begins by accessing the file menu and selecting "new," prompting the user to choose a company from a list if multiple companies are available. After selecting the company, the user chooses a customer from the customer list or adds a new customer if none exists. Following this, if there is a pre-existing project from either the planner or image editor, it will appear in the list for selection. Additionally, users have the option to proceed without selecting a project, which is useful for quoting non-design-related tasks, such as tear-out work.