bid

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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
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005

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.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved

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.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

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.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
Bid Package #4-Structural Steel/Metal Railings/Misc Steel
The committee explained that Indra's financial bid was not responsive because it pertains to the procurement of 23,000 OMRs.
Thus, if all the competitors statistically exhibit the same distribution of bids, then the groups are combined into a single entity, the competition.
First Bid Free available on Web entries only and limited to one Free Bid per person per household.
A seller notifies buyers of the products or services available, and buyers compete against each other in Web-based, realtime auctions, driving up the demand and prices as they bid. (3)
First Bid Free For Every Reader available on Text and Web entries only, limited to one Free Bid per person (std network charge only).
The LIC BID includes all properties fronting Queens Plaza North and South from 21st Street to Queens Plaza East, and all properties along both sides of Jackson Avenue between 45th Avenue/Thomson Avenue and Queens Plaza.
BIDS are essentially perpetual since it is rarely worthwhile for any individual business to expend the energy to oppose bureaucratic entrenchment.
"Virtual marketplaces" such as www.ebay.com, www.auctions.yahoo.com, www .luxurylink.com, and www.ubid .com are timed, public sales driven by bids, with items sold to the highest bidder.