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A cynic -- such as Ray Davies -- would say that "See My Friends" is a cheap bid to cash in on some old song copyrights by giving them an obligatory duets-style makeover.
When the Cuban military decided this week to buy a new fleet of Peugeot cars as taxis, they rejected a competing, but cheaper, bid from Hyundai of South Korea.
THSRC was chosen as the preferred bidder in September 1997 as a result of its cheaper bid and a promise to build the line with zero net cost to the government.
For companies, meanwhile, looking at existing contracts can help firms to decide if they want to bid when that contract is up for renewal, and provides information that will allow them to put together a cheaper, better bid.
By putting more emphasis on price and being more precise in what it wants, the government could end up with cheaper bids, but could also be excluding equipment that might be more flexible or less expensive in the long run, experts in government contracting said.
This leads to a bias towards selecting the cheapest bid, even if it must subsequently be renegotiated.The Treasury has long been criticised by those who believe that the PFI is little more than a wheeze to get debt off the public balance sheet.
Quality: In the solar industry there is a lot of lip service given to concepts like "quality" and "green". We are rarely the cheapest bid on a project because we are committed to quality work, high-end products, and paying all of our employees a living wage in the tech-rich backdrop of our home base of Seattle.
And Lamb says councils are too often engaged in a "race to the bottom" when commissioning care, choosing the cheapest bid when awarding contracts.
Existing infrastructure makes it the cheapest bid.
Put out to competitive tender and accept cheapest bid.
The report is short on specific proposals, other than telling ministers to appreciate that "the cheapest bid is not always the best".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com