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What is sealed bid?

Updated: 11/27/2022
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Wiki User

10y ago

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Offer by government

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Danika Abbott

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1y ago
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13y ago

anonymous bidding

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Q: What is sealed bid?
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Related questions

Is a sealed bid legally binding?

Sealed or not, if the bid was offered and it was accepted, yes, it is legally binding.


What is the part of speech for bid?

Bid can be a noun or a verb. As a noun "He sealed his bid." As a verb "He bid on the auction."


What is sealed bid pricing?

Offer by government


What is you bid?

you bid


What is the past perfect tense of bid?

The past perfect is formed with - had + past participle.The past participle of bid is bid -- (this is bid as in bid at an auction).He had bid a large amount for the painting.


What is the present tense of bid?

bid... it's the same word in the present tense Answer: * The infinitive form is to bid - "I want to bid on the item." * Present tense is bid - "We bid what we can." * Past tense is bid - "They bid $500,000 and got the house." * Present participle is bidding - "He is bidding them farewell." * Past participle is bid - "I have bid all I can afford." (Helping verb required)


Why can you not guzunder in Scotland?

The bidding process involves sealed bids in advance of a closing date. The highest bid is legally binding. This is unlike the situation in England, where nothing is binding until contracts have been exchanged.


What has the author James L Smith written?

James L. Smith has written: 'The competitive pricing response in sealed-bid auction markets' -- subject(s): Mathematical models, Letting of contracts, Auctions


What is difference between bid security and Bid Bond?

There is no difference. Bid securities can come in different types. A bid bond is just one type of bid security.


What is the name of a bid in bridge replying to a partner's bid or double?

A bid in bridge replying to a partner's bid or double is a "response".


What is the future tense of bid?

Will bid.


What is the meaning of bid in Malayalam?

bid