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A BATF or bid after the fact is a phrase used in the property preservation industry, and it is rather easily explained. A bid is an estimate for repairs, so a bid after the fact is when repairs are completed immediately upon discovering them and the bid to repair is submitted after the fact(after the work has been completed). It is a way to speed up repairs for a significant issue such as a roof leak, broken windows or standing water in a basement. The contractor arrives at the property to complete a specific task like trimming bushes. Upon arrival at the foreclosed or abandoned property and finds two broken windows, a roof leak and some damaged drywall on the interior. The contractor would then board up the broken windows(to secure the property) and tarp the roof but the drywall is left unrepaired. Now the contractor submits a bid to repair the roof, re-glaze the glass in the window and to repair the damaged drywall, but since the tarping and boarding was already completed the contractor would submit these as Bid After The Facts(a bid after the work has been completed) A Bid After The Fact would more correctly be thought of as an invoice rather than a bid because he is "invoicing" moreso than bidding.
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∙ 10y ago
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∙ 10y agobif after the fact
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What does BID pm mean on a prescription?
BID or bid on a prescription mean "twice a day". PM mean afternoon or evening, unless it was prn and that means "as needed". Or if it is po, then that means "by mouth".
What does 4 bid mean in doasage?
bid means twice a day
What does bid mean on lockerz?
Bid on LockerZ basically means that you bid PTZ or points on an item. The highest bid within the time limit will win.
What does base bid mean?
A base bid is a bid that one provides in order to do work. This base bid can then be changed by adding or subtracting from the scope of work to be completed.
What does after the fact mean?
A BATF or bid after the fact is a phrase used in the property preservation industry, and it is rather easily explained. A bid is an estimate for repairs, so a bid after the fact is when repairs are completed immediately upon discovering them and the bid to repair is submitted after the fact(after the work has been completed). It is a way to speed up repairs for a significant issue such as a roof leak, broken windows or standing water in a basement. The contractor arrives at the property to complete a specific task like trimming bushes. Upon arrival at the foreclosed or abandoned property and finds two broken windows, a roof leak and some damaged drywall on the interior. The contractor would then board up the broken windows(to secure the property) and tarp the roof but the drywall is left unrepaired. Now the contractor submits a bid to repair the roof, re-glaze the glass in the window and to repair the damaged drywall, but since the tarping and boarding was already completed the contractor would submit these as Bid After The Facts(a bid after the work has been completed) A Bid After The Fact would more correctly be thought of as an invoice rather than a bid because he is "invoicing" moreso than bidding.
What does it mean to place a bid?
To bid means to have multiple people placing different amounts of money on one item. Then the seller take the highest bid.
How do you know what someone's mas bid on eBay is?
Do you mean MAXIMUM bid? If so, you dont. You are not allowed to know
What do bid and ask mean in currency conversion?
The bid and ask are the best prices offered by the buyers and sellers.
What doas Out Bid mean?
Offer higher price
What does the medical abbreviation bid prn nocte mean?
For medications, bid: Take twice a day PRN: as needed So this would mean to take the medication twice a day, as needed.
What does po bid mean?
PO means "to take orally" or "by mouth", and BID means to take the medication twice a day.
What does bid your farewells mean?
If you and your sister had been visiting someone for tea and you thought it was time that you were leaving, you could say to your sister:- "Bid your farewells, we must be leaving if we are to get home before dark". What you mean by 'bid your farewells' is to say goodbye and thank you to your hosts.
