diff --git a/app/Http/Controllers/ContractController.php b/app/Http/Controllers/ContractController.php
index a451b9b71..d83daac81 100644
--- a/app/Http/Controllers/ContractController.php
+++ b/app/Http/Controllers/ContractController.php
@@ -130,10 +130,21 @@ class ContractController extends Controller
             'bid' => 'required',
         ]);
 
+        $amount = 0.00;
+
+        //Convert the amount to a whole number from abbreviations
+        if($request->suffix == 'B') {
+            $amount = $request->bid * 1000000000.00;
+        } else if($request->suffix == 'M') {
+            $amount = $request->bid * 1000000.00;
+        } else {
+            $amount = $request->bid;
+        }
+
         //Create the model object to save data to
         $bid = new Bid;
         $bid->contract_id = $request->contract_id;
-        $bid->bid = $request->bid;
+        $bid->bid_amount = $amount;
         $bid->accepted = false;
         $bid->save();
 
diff --git a/resources/views/contracts/enterbid.blade.php b/resources/views/contracts/enterbid.blade.php
index dfad89280..c6b732977 100644
--- a/resources/views/contracts/enterbid.blade.php
+++ b/resources/views/contracts/enterbid.blade.php
@@ -19,6 +19,10 @@
                         {{ Form::label('bid', 'Bid') }}
                         {{ Form::text('bid', '', ['class' => 'form-control', 'placeholder' => '1.0B']) }}
                         {{ Form::hidden('contract_id', $contractId) }}
+                        {{ Form::label('suffix', 'M') }}
+                        {{ Form::radio('suffix', 'M', false) }}
+                        {{ Form::label('suffix', 'B') }}
+                        {{ Form::radio('suffix', 'B', false) }}
                     </div>
                     {{ Form::submit('Submit', ['class' => 'btn btn-primary']) }}
                     {!! Form::close() !!}