open bidding

open bidding

This type of bidding is frequently used to conform to legal requirements pertaining to public projects.
References in periodicals archive ?
He said that contract of parking lot was given to a contractor at the rate of Rs 2 million per year through open bidding.
Each parcel will have its own unique open bidding period with start and stop times clearly identified on the auction website.
Meanwhile, according to an NDMC council member, the agency's chairperson has proposed to extend the hotel's lease, which expires on October 10, by a period of two months to facilitate the next phase of the hotel, open bidding or extending lease, whichever the council decides upon.
TELECOMWORLDWIRE-June 8, 2012-Moniker and SnapNames open bidding for Premium International & ccTLD Auction(C)1994-2012 M2 COMMUNICATIONS http://www.
With the launch of the youth development programme, boat builders, engine manufacturers and all interested parties will be eligible to enter the open bidding process to deliver boats and equipment as per specifications laid down in the programme.
dence in the room with open bidding and offers being shouted out.
Yuchai was the only Chinese domestic engine producer to win the first round of open bidding against the bid-win ratio of 18% which improved to 32% in the second round.
While noting that Vornado and its partners could well rally for one more offensive before the deadline today (Wednesday), ISS said that "the open bidding process has served to maximize the highest value for shareholders" and recommended they accept the new Blackstone offer.
Yet the LAUSD awarded the Santee project, just like Belmont, without open bidding - to Emerald, a subsidiary of W.
They can use three different techniques: open bidding, request for proposal (RFP) and conceptual bidding (see sidebar on page 24).
The sample is first partitioned into three mutually exclusive categories: bilateral bargaining group (37), of which only one construction firm is involved; duopolistic pricing group (7), of which exactly two firms are involved; and open bidding group (275), of which three or more firms are invited to make sealed bids.
On the demand side, in the public sector, contracts are typically let by procurement and purchasing officers in open bidding.