Also, if any chapters are under total, they are permitted to extend bids at ANY time throughout the school year (provided there isn't a colony on the campus).
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Then the women are are able to be bidded by multiple sororities or just one.
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I think what you mean to say is "are offered bids." Being "bidded" implies they have signed a bid - which is an official binding agreement - and you can't do that for more than one group.
Is there going to be a quota that all sororities can take members, or are the only sororities offering bids the ones that are under total? In other words, even if all 16 chapters are there, only 5 of them might be extending bids.