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 ?
Claiming that there was no 'honest-to-goodness bidding' in government projects, presidential spokesperson Harry Roque defended President Rodrigo Duterte on the elimination of competitive public bidding in government projects.
The President earlier said the he would to scrap the bidding process for government projects claiming that these caused delays in the project completion and bred corruption.
Alam naman niya iyong hocus-pocus na nangyayari diyan sa mga government bidding na 'yan.
Not only will the failed biddings provide a nice loophole for them to arrange the contract, but it will also give Smartmatic the perfect alibi," he added.
The failed biddings represent the Comelec-BAC's commitment to the laws and regulations of public bidding," he said.
The grand design is that the bidding failures would force the Comelec to settle for a negotiable deal," C3E co-convenor Nicanor Elman said in a statement.
While the order of bids below the second bidder changed, the successful bidder remained the same during all three biddings.
The principle that a bidder always holds an established position in a bidding cannot be realized if bidders are involved in collusion, analysts pointed out.
The consulting firm recently completed major e-marketplace biddings for several fortune 1000 companies through Insurance-Engine, IE-Engine's application service.
Insurance carriers are inundated with many plan biddings from other employers in any given week, creating a mass of paper and complexity.
Meralco) to open competitive biddings for power supply to other players due to the latter's power rate hike.
There is sufficient time to hold a true competitive bidding now without jeopardizing the future supply of power,' Alyansa para sa Bagong Pilipinas (ABP) said in a statement.