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To be clear; snap bids are offered/issued AFTER Pref parties end and BEFORE formal bids are issued. That's it. Very short time span. There's info in other threads here about snap bidding.
COB is another story and you're eligible for that as well as for informal in the spring.
Sometimes people, especially PNMs, get these confused or think they are interchangeable. Sciencewoman's post is spot-on. You don't have much time for eligibility for a snap bid.
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"One of the painful things about our time is that those who feel certainty are stupid, and those with any imagination and understanding are filled with doubt and indecision." Bertrand Russell, The Triumph of Stupidity
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