underbid (Meaning)
underbid (v)
bid (a hand of cards) at less than the strength of the hand warrants
bid lower than a competing bidder
bid too low
underbid (v. t.)
To bid less than, as when a contract or service is offered to the lowest bidder; to offer to contract, sell, or do for a less price than.
Synonyms & Antonyms of underbid
No Synonyms and anytonyms found
underbid Sentence Examples
- The construction company underbid its competitors by offering a lower price for the project.
- The vendor accidentally underbid on the supply contract, resulting in a substantial loss.
- The government agency suspected the contractor of underbidding to win the bid and secure the lucrative contract.
- The rival company accused its competitor of underbidding unfairly to gain an advantage in the industry.
- The underbidding firm faced scrutiny for its suspiciously low bid, raising concerns about its ability to deliver.
- The buyer was wary of the company that had underbid on the purchase, fearing a potential bait-and-switch tactic.
- The investigative report concluded that the underbidding company had engaged in unethical practices to secure the contract.
- The winning bid was significantly lower than the expected market value, prompting allegations of underbidding.
- The company's previous experience with underbidding led to its disqualification from the bidding process.
- The underbidding contractor was ultimately awarded the contract, despite concerns about its ability to complete the project within budget.
FAQs About the word underbid
bid (a hand of cards) at less than the strength of the hand warrants, bid lower than a competing bidder, bid too lowTo bid less than, as when a contract or serv
No synonyms found.
No antonyms found.
The construction company underbid its competitors by offering a lower price for the project.
The vendor accidentally underbid on the supply contract, resulting in a substantial loss.
The government agency suspected the contractor of underbidding to win the bid and secure the lucrative contract.
The rival company accused its competitor of underbidding unfairly to gain an advantage in the industry.
