The phrase "a low bid" is correct and usable in written English.
It can be used in contexts related to auctions, contracts, or competitive pricing where the cost offered is lower than others.
Example: "The contractor submitted a low bid for the renovation project, which surprised the committee."
Alternatives: "a cheap offer" or "an inexpensive proposal".
As for that recalcitrant steel subcontractor that got the job solely on the basis of a low bid?
But after about two weeks of debate, the corporate side gambled with a low bid of $500,000.
They made a low bid, and eventually got the apartment for $365,000, which cut deeply into their renovation budget.
A spokeswoman for Dr. Holliday said the state's decision "was based on best value and not simply a low bid".
It was good enough for the New York State Dormitory Authority, a huge construction division of state government, to reject a low bid by the DiTommasos on the specific ground that they were tainted, and defended that in the courts.
To their mutual horror, they found themselves offering the owners a low bid of $20,000, "knowing they'd turn it down," said Ms. Belloise, but ultimately it was accepted.
After obtaining contracts by a low bidding procedure, known as "straw-bids", costs to run the mail routes would be escalated and profits would be divided among ring members.
Rather, it requires prime contractors to show that they have solicited bids from minority-owned subcontractors and that they have not rejected a lowest bid from a qualified minority-owned company.
One firm won a contract with a notoriously low bid, only to leave a few months after starting operations because it could not find enough reliable drivers at the wages it was offering.In Los Angeles, state Democrats have helped preserve the bloated public Metropolitan Transportation Authority (MTA) from privatisation.
Analysts said it was, in the words of Robert P. Napoli of ABN Amro, a "ridiculously low" bid for a leader in an extremely undervalued industry.
It must be noted, however, that in early 2017 a record low bid of USD $0.063 per kWh was recorded in a power auction in Chile for the provision of dispatchable 24-h solar energy.
