two-tier bid Antonyms

No Synonyms and anytonyms found

Meaning of two-tier bid

Wordnet

two-tier bid (n)

a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares

two-tier bid Sentence Examples

  1. The two-tier bid process allowed bidders to submit proposals for both a single-award contract and a multiple-award contract.
  2. The two-tier bid system aims to enhance competition and encourage the participation of small businesses.
  3. Under the two-tier bid structure, the first tier involves evaluating bids based on technical criteria.
  4. The two-tier bid process is designed to streamline procurement and reduce the time required for contract awards.
  5. The two-tier bid solicitation specified different requirements for each tier.
  6. The first tier of the two-tier bid evaluated proposals based on their conformance to technical requirements.
  7. The second tier of the two-tier bid focused on price proposals and other commercial aspects.
  8. The two-tier bid allowed the procuring agency to select the best-qualified bidder based on a comprehensive evaluation.
  9. The two-tier bid process is commonly used for complex procurements that require both technical expertise and competitive pricing.
  10. The two-tier bid structure facilitated the transparent selection of a contractor that met both the technical and cost-related requirements of the procurement.

FAQs About the word two-tier bid

a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares

No synonyms found.

No antonyms found.

The two-tier bid process allowed bidders to submit proposals for both a single-award contract and a multiple-award contract.

The two-tier bid system aims to enhance competition and encourage the participation of small businesses.

Under the two-tier bid structure, the first tier involves evaluating bids based on technical criteria.

The two-tier bid process is designed to streamline procurement and reduce the time required for contract awards.