It was also observed that, where the rules would award the contract to the second best bidder, there had been instances observed in practice of a bidder placing an artificially low but winning bid, in the knowledge that the second best bidder would receive the contract.

Disconnection of a bidder does not necessarily suspend the process.

Hello, Ringo. Still renting your gun to the highest bidder?

The winning bidder, however, has the right to refuse lowering the price submitted in the ERA and the auctioneer is not allowed to disqualify the bidder for that reason.

The Meeting further agreed to appoint the lowest bidder, namely BDO Deutsche Warentreuhand.

Two hundred generators were ordered from the highest bidder who promised to meet the deadline, at 3,326 per unit, and 1,200 generators were ordered from the lowest bidder, at 1,787 per unit.

The Brazilian system permits an auctioneer to approach the bidder who submitted the second lowest bid if the winning bidder is disqualified or the bid is deemed to be unacceptable or non responsive.

Notably, in resolving a price tie, a bidder with a higher credibility will win.

Aren't they auctionning themselves because they want to be sold to the highest bidder?

The priority is safety rather than saving money or dealing with the lowest bidder.

The leavings of Comanche bucks sold time and again to the highest bidder with...

As a result, one contractor was awarded several contracts on the basis of being the lowest acceptable bidder, when it was not indeed the lowest bidder or when lower bidders were just as acceptable.

Who was the highest bidder among the other countries that were part of the auction ?

114. Financial rule 110.21 provides that contracts shall be awarded to the lowest acceptable bidder.

Water, a human right, must not be treated as a commodity sold to the highest bidder.

Within minutes, an entry was up on eBay, offering the president for sale to the highest bidder.

The commission may be payable by the procuring entity, the successful bidder or a combination of both.

When auctions of models 1 and 2 are utilized (see A CN.9 WG.I WP.35, para. 33), the winning bidder should be known in the end of the auction as it is normally the bidder offering the lowest bid.

In the case of disqualification or refusal by the second bidder to provide the goods or services at the price of the original winner, the next lowest bidding bidder is called upon, and so on until the contract is awarded.

They included that a further electronic reverse auction should be held, that the second best bidder should receive the contract (noting that identifying the second best bidder would not necessarily be possible), and that negotiations with other bidders might be permitted.

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In China, the lowest bid may be invalidated by the procuring entity, for instance, if it is higher than the market price or abnormally low or in case of a misconduct of the winning bidder during the bidding process or the registration.

By not awarding the contract to the lowest bidder, UNTAC failed to realize a potential saving of 49,000.

First, they were trapped in a vicious circle of low income, low savings and low investment, leading to low productivity and low growth.

If disconnection is caused by a third party, including the bidder's own Internet provider, the bidder can seek only damages.

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The actual amount paid may be lower than the amount bid, for example 1 cent more than the next highest bidder.

The solicitation documents in such a case could also set out that the second best bidder would be awarded the contract.

Once a member, a bidder can participate in any ERA advertised through that system without any additional registration or pre qualification.

In model 3 auctions, the winning bidder is not known until after the full evaluation of auctionable and non auctionable criteria.

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By working together, countries could escape the trap of low productivity, low quality, low wages, low development return and adverse external conditionalities.

Therefore, prices could be low but not abnormally low.

(d) To ensure effective qualification criteria, authorizing the compilation of accurate and comprehensive information about the qualifications and past performance of a bidder

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