bid

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Related to Best Bid: Best Ask

bid

1. Commerce
a. a statement by a buyer, in response to an offer by a seller, of the more favourable terms that would be acceptable
b. the price or other terms so stated
2. Bridge
a. the number of tricks a player undertakes to make
b. a player's turn to make a bid

Bid

A complete and properly signed proposal to do all or part of the work for the sum stipulated in the bid; supported by data called for by the bidding requirements.

bid

[bid]
(engineering)
An estimate of costs for specified construction, equipment, or services proposed to a customer company by one or more supplier or contractor companies.

bid

1. An offer to perform the work described in a contract at a specified cost.
2. A complete and properly signed proposal to do the work, 1 or designated portion thereof for the sums stipulated therein, supported by data called for by the bidding requirements.
References in periodicals archive ?
If you have the best bid, the best bid should win it, at least that's the theory.
Whisky Magazine editor Dominic Roskrow said: "We're not expecting to break any world records but it would be nice to think we could attract the best bid of 2006."
SCOTLAND and Ireland have the best bid to host Euro 2008 - according to First Minister Jack McConnell.
The Mejia administration recently awarded a major concession for the construction of the San Cristobal-Bani highway and south-north railway system without holding a tender to choose the best bid. U.S.
Trump submitted the best bid," said Mark Gordon, managing director of Sonnenblick-Goldman's lodging group.
If the best bid wins then England will stage the World Cup in 2006.
"Sybil," he told me: "We have the very best bid for the World Cup.
"Selecting the best bid based on this criterion is probably more of a political decision.
Unipec Company, which has placed the best bid, bought the 1.6 million barrels of Masila crude at a premium of $0.74 a barrel to dated Brent.
The regulatory body, which has now been superseded by the European Securities and Markets Authority, added a new example of an acceptable scenario for a price waiver, in which an MTF could create a price based upon the best bid and offer where "the best bid on the reference market is the highest binding bid price of the MTF and the best offer on the reference market is the lowest binding offer price of the MTF".
"I think the issues they have over that stadium are relatively small, so I would say our bid is a joint bid with Newham council and the right bid, the best bid, the preferred bid.
The auction closes at 8pm on Monday and so far the best bid is pounds 1,650.