two-tier bid Antonyms
No Synonyms and anytonyms found
Meaning of two-tier bid
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
- 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.
- The two-tier bid solicitation specified different requirements for each tier.
- The first tier of the two-tier bid evaluated proposals based on their conformance to technical requirements.
- The second tier of the two-tier bid focused on price proposals and other commercial aspects.
- The two-tier bid allowed the procuring agency to select the best-qualified bidder based on a comprehensive evaluation.
- The two-tier bid process is commonly used for complex procurements that require both technical expertise and competitive pricing.
- 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.
