Compiled ByTim Stevens Outsource engineering projects online with Engineering Exchange, sponsored by MSC Software Corp., Los Angeles. The site provides a meeting point for engineering projects and consultants to bid on them in open competition. The site provides templates for structured, consistent project description, designed to translate an engineering project into a comprehensive request for proposal (RFP). In addition to online meeting services, the site offers administrative handling of contracts and billing details. Sub contractors may also be enlisted. Posting a project at the site costs $250, or a flat fee can be negotiated for groups of projects. The site also takes 10% commission from the consultant awarded the contract.