Pre-bid shopping

Pre-bid shopping

Negotiations by a buyer (a prime contractor) with sellers (trade contractors), to obtain lower prices for goods and services that are to be consumed in the performance of a contract for which the prime contractor is yet to submit a bid.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Law
Category: Contracts
Company:
Product:
Acronym-Abbreviation:

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Related terms

pre-bid shopping

Law; Contracts

Negotiations by a buyer (a prime contractor) with sellers (trade contractors), to obtain lower prices for goods and services that are to be consumed in the performance of a ...

shopping

Financial services; General Finance

Seeking to obtain the best bid or offer available by calling a number of dealers and/or brokers.

post bid shopping

Law; Contracts

Negotiations by a buyer (a prime contractor) with sellers (trade contractors) to obtain lower prices for goods and services that are to be consumed in the performance of an ...

Contract

Law; Contracts

Contract, same meaning of agreement, a commercial contract this is a commercial agreement

contract

Law; Contracts

A lawful agreement between two or more parties, usually written is called as contract.Contract was made between both parties in written form.

act no.

Law; Contracts

A product, such as a statute, decree, or enactment, resulting from a decision by a legislative or judicial body

coll.

Law; Contracts

collected, coll., follows the number of an act, eg. Act No 111 Coll.

commercial register

Law; Contracts

a document that compulsorily registers individuals and legal entities (companies) engaging in commercial activities

as amended

Law; Contracts

a legislative measure altered formally by adding, deleting, or rephrasing

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