Definition of «bidding procedures»

"Bidding procedures" refer to the rules and steps that are followed during an auction or competitive bidding process. It outlines how interested parties can submit their offers or bids, the criteria for evaluating the bids, and the procedures for selecting the winning bid.

Sentences with «bidding procedures»

And the other thing we have to do is create new bidding procedures for the drug industry, because they're getting away with murder. (fortune.com)
Charters will have to post tax documents on their websites and will no longer receive two automatic waivers — one related to competitive bidding procedures for procurement of goods and services and another giving them the authority to accept gifts, grants, and donations. (educationnext.org)
Washington — The U.S. Education Department's bidding procedure on a contract to administer the National Center for Research in Vocational Education was tainted by political maneuvering, according to an official from the University of Tennessee. (edweek.org)
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