Wedding Party

Buying dresses for BMs - etiquette

My FI and I have decided that we would like to buy the bridesmaids' dresses for them.  Our wedding is more or less a destination wedding for both of them since we live fairly far away, plus both of them are graduate students, so we thought we would offer to pay.

A couple of questions:

1) How do I offer to pay?  We initially discussed a price range they were comfortable with, but we haven't talked about it since.

2) Do I still need to get them the same sort of gift I would have gotten them if we weren't paying for their dresses?  (I'm still planning on getting them something, I just don't know if I am obligated to spend as much as I would if I weren't getting their dresses)

3)  I have to ask, did I handle suggesting a dress ok?  Since we won't be in the same place at all before the wedding, I suggested a couple options (a dress I liked, or going to David's and picking out whatever they liked in a certain color), and they both seemed fine with the dress I picked.  Is that ok?  I didn't really know how to start looking for dresses any other way.
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