The "traditional" BIAB is one step, no Sparging. (make sure the grain is well crushed, you have a big advantage, make use of it)
You add the full water volume, sir it up every so often, raise the temperature to 170 at the end, then raise the bag and let the dripping run out for a few minutes.
What some do is place the grain filled bag, suspended in a plastic bucket, and press the side to speed up the draining.
Having said this, I plan on mashing with a 1.25 L/G ratio, draining the bad for a couple of minutes, then placing the bag in a 2nd vessel with the remaining water at 168F, stir it up, let it sit for 10 minutes, then raise /drain/press. I'm curious how much extra yield the 2 vessel process gives over the traditional No sparge BIAB