- competing bid
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competing bid or competing offerWhere there is more than one contemporaneous offer for a target.Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
competing bid
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competing bid or offer — competing bid or competing offer Where there is more than one contemporaneous offer for a target. Related links stakebuilding competitive situation … Law dictionary
competing offer — competing bid or competing offer Where there is more than one contemporaneous offer for a target. Related links stakebuilding competitive situation Practical Law Dictionary. Glos … Law dictionary
bid — [c]/bɪd / (say bid) verb (bade /bæd / (say bad) or bad /bæd / (say bad) or, in certain contexts, bid, bidden or, in certain contexts, bid …
bid-rigging — This is when companies agree the outcome of a tender process amongst themselves either by deciding in advance which company will bid, who will bid the best price or what the tender price should be. Bid rigging is strictly prohibited under… … Law dictionary
bid rigging — This is when companies agree the outcome of a tender process amongst themselves either by deciding in advance which company will bid, who will bid the best price or what the tender price should be. Bid rigging is strictly prohibited under… … Law dictionary
bid — 1 / bid/ vb bid, bid·ding vt: to offer (a price) for payment or acceptance vi: to make a bid: state what one will pay or take in payment a contractor bidding for a job bid·der n bid 2 … Law dictionary
bid-rigging — ˈbid ˌrigging noun [uncountable] 1. LAW COMMERCE a type of fraud in which businesses that are competing against each other for a contract secretly make arrangements with each other in order to get advantages for themselves, for example by… … Financial and business terms
bid rigging — UK US noun [U] LAW ► illegal behaviour by companies that are competing for work in which they make a secret agreement, for example to increase their prices or to share the work, in order that they both gain financially: »The Office of Fair… … Financial and business terms
bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… … Black's law dictionary
bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… … Black's law dictionary
