Phrases with «formal bid»

A "formal bid" refers to a written offer or proposal made by a company or individual to compete for a project or contract. Full definition

It's not clear how much they were offering and if they submitted formal bids. (variety.com)
Lenders will accept formal bids from contractors for this step. (themortgagereports.com)
As for the others, request formal bids that include a detailed price list for materials and labor. (tinyhouseblog.com)
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