- bid letting
- bid letting (bid opening) VR Angebotseröffnung f, Ausschreibungseröffnung f
English-German dictionary of Architecture and Construction. 2013.
bid letting
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bid — Verb: To invite; to make an offer, particularly, at a contract letting, an auction or judicial sale, by the spoken or written word, by a sign, such as a lifting of the hand, sometimes only a nod or a wink, anything by which the bidder signifies… … Ballentine's law dictionary
bid bond — A bond required of one who bids in the letting of a contract for the construction of a public improvement, the purpose of the bond being to indemnify the public body against loss resulting from the withdrawal of the bid or the refusal of the… … Ballentine's law dictionary
best bid — In an auction, the highest bid; in the letting of a contract for public works, the lowest bid by a responsible bidder. 43 Am J1st Pub Wks § 42 … Ballentine's law dictionary
withdrawal of bid — The recalling of a bid made in the course of the letting of a public contract. 43 Am J1st Pub Wks § 62 … Ballentine's law dictionary
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