bidding

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bidding

Bridge a group of bids considered collectively, esp those made on a particular deal

Bidding

In construction, the process of extending invitations and receiving price proposals from contractors or subcontractors for a defined scope of work, typically based on the construction documents and specifications.
References in periodicals archive ?
Kenzo Matsuba, a lawyer in Mie Prefecture specializing in collusion, said such bidding results could only be brought about by collusion.
But KIAC's bid and contract division said, ''We cannot recognize collusion even if the bidding results seem to be strange from a statistical point of view.
Founded by insurance, technology and financial industry professionals, IE-Engine's sole focus is to provide Web-based solutions that streamline the bidding of group insurance.