Hi Andrew,

Thank you for reaching out. It is possible to set the keyword level CPC bid by 
using the AdGroupCriterionService and setting the cpc_bid_micros value of the 
AdGroupCriterion. However, please make sure that the campaign the keywords 
belong to is a search campaign with a manual bid strategy since these will be 
the only keywords that have a max cpc value that you can set. If you can set 
the keyword CPC value for a specific keyword in the UI then you can set it in 
the API.

Regards,
Mitchell
Google Ads API Team
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