"Open bidding" refers to a process where multiple people or organizations openly and competitively place bids or offers for a product, service or contract. The highest bidder usually wins.
Full definition
Synonyms for individual words can be found below.
«open»
«bidding»
Phrases with «open bidding»
Sentences with «open bidding»
- It eliminates claims that a separate procurement process with open bidding is necessary. (slaw.ca)
- If the program would allow open bids then I would feel much better about the program. (biggerpockets.com)
- In a way, a business plan is an excellent opening bid — it's definite, comprehensive and clear. (entrepreneur.com)
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