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The phrase "competitive bid" is correct and usable in written English.
It is typically used in contexts related to procurement, auctions, or business proposals where multiple parties submit offers to win a contract or project.
Example: "The company received several competitive bids for the construction project, allowing them to choose the best offer."
Alternatives: "tender offer" or "market bid".
Exact(58)
Hikma is unlikely to enter a competitive bid situation.
The city workers had the most competitive bid and ended up saving Tulsa $200,000.
Boeing said that Sprint won the contract through a competitive bid and offered the best price.
"We use a competitive bid process," said Novation's president, Mark McKenna.
To be 'wowed.' " By some measures, the competitive bid appears to be paying off.
Given the time frame involved, it was appropriate not to conduct a full competitive bid.
Not so much as one competitive bid was suggested by this administration.
The comptroller's office also said it now believed other companies could do the work, making a competitive bid necessary.
That is the challenge to renters that the Bloomberg administration set up with its competitive bid for architects and developers.
It said: "Organisations have won contracts to work for DfID through a best-value, competitive bid process".
"I would not have taken the step unless I knew that we would have a real competitive bid," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com