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competitive bidding (МТ; bidding in which a contract is awarded to the lowest bidder Example Sentences Including "competitive bidding" A low guide price is given in the hope that competitive bidding will force the price up. TIMES, SUNDAY TIMES (2002) In areas where there was competitive bidding , it emerged the most successful bidder winning in 171 SSAs across 19 States. SAMACHAR (2005) Provisions for competitive bidding enable the target company to turn to a white knight for protection. BUSINESS TODAY (1998) The management of the new broadcaster would be decided after a competitive bidding process. TIMES, SUNDAY TIMES (2004) There is no record of any competitive bidding on the contract. GLOBE AND MAIL (2003) { auction }a method of selling GOODS and SERVICES by competitive bidding. Pass, Christopher, Lowes, Bryan COLLINS DICTIONARY OF ECONOMICS. Collins Alexander Demidov); competitive procurements (Competitive procurements often do achieve some savings over sole-source procurements, but a review of the literature analyzing this issue shows that ... Alexander Demidov) |