open competitive selection


Also found in: Financial.

open competitive selection

The process of selecting a contractor in which an advertisement for bids is published in the news media to notify qualified contractors of the owner’s intention to receive sealed competitive bids.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
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Organisationssuch as NAB, FIA, FBR, SECP, Police, State Bank, PIA, Pakistan Steel and other key national organisations should be made completely independent of the government and operated by their own governing bodies with the heads of such organisationsbeing appointed after transparent open competitive selection with no say of the government.

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