I bid $500 for the painting at an auction. Not "attempt"
Here "to bid" means to make an offer.
Also, on the stock market, there are two prices, a "bid" and an "ask". Bid: 1.20 Ask 1.25. The buyer with the highest "bid" is willing to pay 1.20 (He makes an offer of 1.20). The seller with the lowest "ask" is willing to sell for 1.25. When the highest bid equals the lowest ask, a transaction is made.
Also, in poker (the card game), you bid a certain stake; or "make a bid" of a certain amount.
So, be sure that "bid" doesn't mean "offer" before you replace it with "attempt".