Sentences with phrase «single bidding period»

- For new listings and open listings that have not seen a price reduction, HUD will accept the highest offer in a single bidding period that equals 90 % of the list price or higher.

- For listings that have been reduced a 2nd time, HUD will reduce the price by exactly 15 % of the current reduced list price and accept the highest offer in a single bidding period that equals 70 % or higher of the 2nd reduced and current list price.

Not exact matches

* Portfolio fixed fee — assignment of a large portfolio of work to a single firm for a fixed fee after competitive bidding for a set period;