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A technical bid is where the technical goods availability is given the priority and then followed by the price bidding process. Here, the suppliers with the most goods availability is considered by the buyer for the further bidding.
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What is a bid?
A bid is an attempt, a monetary offer to buy a good at a certain price, or an offer for a price.
Is bid Bond refundable and when?
The bid Bond is refundable to losers when the contract is awarded. It is a bank guarantee of a specified value issued by the guarantee to the seller such that he cannot withdraw his bid from the tendering process.
Which company's ticker symbol is BID?
The stock symbol ticket BID represents Sotheby's Common Stock. This is actually a great stock symbol for this company as their specialty is auctions that people "bid" on. As of the writing of this answer Sotheby's "BID" stock had last traded at the price of $35.08 per share.
Are bid bonds callable demand?
similar to other forms of surety bonds, bid bonds are callable on demand.
What is bid and ask in foreign exchange?
The bid is the price that the buyers are willing to pay. The ask is the price that the sellers are willing to pay.
What is the meaning of Techno-commercial Bid?
A document prepared with respect to the enquiry which includes the analyses of the technical & commercial aspects of the requirement. The technocommercial bid involves evaluation of technical documents, estimation, costing,technical clarifications/confirmations & commercial aspects with respect to the requirement.
What is the intentional disclosure of an offereor's proposed cost and technical information prior to contract award?
That is known as bid shopping or bid peddling, where an offeror reveals their proposed cost and technical information to other contractors or suppliers in an attempt to secure a more favorable bid from them. This practice is unethical and can compromise the integrity of the bidding process.
What is the intentional disclosure of an offeror's proposed cost and technical information prior to contract award?
The intentional disclosure of an offeror's proposed cost and technical information prior to contract award is known as bid rigging or bid leaking. This unethical practice can give certain bidders an unfair advantage and compromise the integrity of the procurement process. It is prohibited and can result in legal consequences for those involved.
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)
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 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?
The future tense of bid is "will bid" or "shall bid."
What is the meaning of bid in Malayalam?
bid
How are countries chosen for the Olympics?
They bid and bid and bid towin the right to host the Olympics
