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A specified bid is a type of bid in which the bidder outlines specific terms, conditions, or details regarding the offer being made. This can include pricing, delivery schedules, or particular requirements that must be met. Specified bids are often used in procurement processes to ensure that proposals align closely with the needs and expectations of the buyer. By providing detailed information, bidders can enhance their chances of being selected for a project or contract.
What else can I help you with?
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.
What is a Bid Increment?
A bid increment is the minimum amount by which a bidder must raise their bid in an auction. It ensures that bids increase by a specified amount rather than arbitrary values, promoting fairness and clarity in the bidding process. Bid increments vary depending on the auction type and the current bid amount, helping to facilitate competitive bidding while maintaining order.
What is the process for submitting a paper bid for the upcoming project?
To submit a paper bid for the upcoming project, you will need to follow these steps: Obtain the bid documents from the project manager or the designated contact person. Review the bid requirements and specifications carefully. Prepare your bid proposal, including all necessary information and pricing details. Submit your bid in a sealed envelope by the specified deadline to the designated location. Attend any bid opening meetings or presentations as required. Await the evaluation and selection process to determine the winning bid.
What is the future tense of bid?
The future tense of bid is "will bid" or "shall 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 does bid with an m attached mean -bidm?
BID normally means "bis in die" or twice a day. The only interpretation I can locate with BIDM associated with healthcare is Beth Israel Deaconess Medical Center (Boston, MA) and Beirut International Dental Meeting.
What is you bid?
you bid
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."
If you're biding on a job will your base bid need to cover the alternate too?
Depends on how you bid is structured. You can either give an all inclusive bid and try to estimate upcoming changes. Or you can give a base bid on the actual work asked (clearly specified) with a provision stating that all extra work will be estimated and billed separately. I would recommend this way. In any case it is very important that you specify, in writing, what you will supply the client with and in what time frame. Most client is understanding about extra charges later on as long as they don't think they are taken for a ride. The more you can specify what the bid covers the better. Then also if some one else bid lower, you can ask the client if the other bid includes all that you have included so that they are comparing apples to apples.
What is the past and past participle of bid?
Bid: to issue a command/to summon/to greet.Past tense - bade.Past participle - bidden.Bid: to offer.Past tense - bid.Past participle - bid.
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.
