a prior bid

USAGE SUMMARY

The phrase "a prior bid" is correct and usable in written English.
It can be used when referring to a previous offer or proposal made in a bidding process, often in contexts like auctions or contract negotiations. Example: "The company decided to accept a prior bid that was more favorable than the latest offers received."

✓ Grammatically correct

Academia

News & Media

Science

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Further assessment of the auction results, however, shows that the second and third lowest bids of USD $0.0369 per kWh and USD $0.0396 per kWh were also lower than all prior bids globally in solar PV auctions.

Energy Transitions

Even in moments of frustration, however, McCain never accused the media of rigging an election or being "the enemy of the American people". On balance, he was accessible and affable during the 2008 race and during a prior White House bid in 2000, qualities which made reporters' jobs easier and helped cement McCain's status as one of the best interviews in Washington.

The Washington Post

Vonrado and its partners, Starwood Capital Management and Walton Street Capital, surely did not go all out on their prior bid, and they also could turn to other partners interested in some EOP assets for additional support.

Forbes

A recent poll has him leading his Republican opponent, Karen Handel, a former Georgia secretary of state who has failed in prior bids to become governor and a state senator, by less than two points.

The New Yorker

If you only have to match prior bids, you may get a bargain if the market is weak, perhaps buying back the parcel for $400,000.

Harvard University

Since the start of the campaign, Mr. Hevesi remains in the lead, having collected a total of about $7.4 million, while Mr. Green has raised a total of about $5.4 million, not including money transferred in from prior bids for public office.

The New York Times

Three prior bids were made last week, with administrators Duff & Phelps working to narrow down the list.

BBC

Allaway, 62, has seen three prior bids for release rejected by Orange County judges.

Los Angeles Times

Prior bids to move oil through the canal had been rejected by the Suez Canal Company as being too risky.

Wikipedia

A prior round of bidding, for eight of Iraq's currently producing fields, completed in November.

Huffington Post

In Arnold, a subsidiary of a company had been the subject of a highly contingent bid for $275 million in the context of a prior, failed auction.

Harvard University

Expert writing Tips

Best practice

When discussing legal or business matters, use "a prior bid" to clearly reference a specific, earlier offer, especially if its details are pertinent to the current situation.

Common error

Avoid substituting "prior" with "premier". "Prior" indicates something that came before, while "premier" signifies the best or most important. Using "a premier bid" changes the meaning entirely.

Linguistic Context

The phrase "a prior bid" functions as a noun phrase, where "prior" modifies the noun "bid". It identifies a specific bid that was made at an earlier time. According to Ludwig AI, the phrase is grammatically correct and usable in written English.

Expression frequency: Missing

Frequent in

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Formal & Business

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Less common in

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Ludwig's WRAP-UP

In summary, "a prior bid" is a grammatically correct phrase used to denote a previous offer in a bidding process. While Ludwig AI confirms its usability, its frequency is currently limited in the provided data. It's most suited for formal contexts like legal or business discussions, where precision is key. Alternatives like "previous offer" or "earlier proposal" can be used in more informal settings. When using the term, ensure you're not confusing "prior" with "premier", and always contextualize the "a prior bid" clearly for your audience.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a past bid

Uses 'past' as a direct synonym for 'prior', simplifying the phrase.

a previous offer

Replaces "bid" with the more general term "offer", suitable for contexts beyond formal bidding processes.

a prior offering

Similar to 'a previous offer', but slightly more formal.

an earlier proposal

Substitutes both "prior" and "bid" for alternatives that emphasize the time aspect and the formal nature of the offer.

an initial bid

Focuses on the bid being the first one made.

a preceding tender

Uses "tender" as a synonym for "bid", common in formal procurement and contract settings.

a respective bid

Implies the bid was relevant to a particular situation or party.

the initial tender

Combines 'initial' and 'tender' to highlight both the temporal and formal aspects.

a preliminary submission

Highlights the initial nature of the bid, implying it might be followed by revisions.

a former attempt

Shifts focus to the action of bidding as an attempt, which may or may not have been successful.

FAQs

How is "a prior bid" used in contract negotiations?

In contract negotiations, "a prior bid" refers to an earlier offer made by a bidder. It's often used as a reference point for comparison with subsequent offers or as a baseline for further negotiations. For example, a company might decide to reject a new offer because it was less favorable than "a prior bid" they had already received.

What's the difference between "a prior bid" and "a preliminary bid"?

"A prior bid" simply means a bid that came before the current one. "A preliminary bid", on the other hand, suggests that the bid is an initial, non-binding offer that might be refined later. The term "a preliminary bid" implies that the offer is subject to change, whereas "a prior bid" doesn't necessarily carry that implication.

Can I use "a prior bid" in informal contexts?

While "a prior bid" is grammatically correct, it's generally more suited to formal or professional settings. In informal contexts, you might prefer simpler alternatives like "the earlier offer" or "the previous bid", which are more conversational.

Which is correct, "a prior bid" or "a previous bid"?

Both "a prior bid" and "a previous bid" are grammatically correct and have virtually the same meaning. The choice between them often comes down to personal preference or the specific context. "Prior" tends to sound slightly more formal.