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This video tutorial demonstrates how to create a new bid within the proposal program. By selecting 'New' from the file menu, the user is prompted to choose the company they are estimating for. They can then select a customer from their list or add a new customer if needed. Additionally, the user has the option to use a design project from Planner or an image editor, or to not use a project at all. This allows for quotes on items that do not require a design.