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"We have replaced low bidder with high donor".
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He attributed the delays to "issues" with the low bidder of the main construction contract, who eventually withdrew.
Potential clients, she said, would probably go with the low bidder, not recognizing that in two years the low bidder could be out of business.
1900 The construction contract is awarded to low bidder John B. McDonald in January.
"I was simply explaining that they have to be the low bidder," he told The Times.
On the letting day, all bids are unsealed, ranked, and the low bidder wins the auction.
Visionaries conjure a seamless future in which a consumer sees the perfect cashmere sweater, then uses the bar code to comparison-shop and perhaps place an order with the lowest bidder -- all with the swift swipe of the label with a hand-held device.
With interest rates low, bidders are prepared to offer relatively little equity and instead finance most of the deal with debt.
The sale went to the lowest bidder, say prosecutors, with an offer of only $283 million in cash and investments.
The EU procurement directives stipulate that public contracts be awarded to the lowest bidder or to the bidder with the economically most advantageous tender; the latter requiring that a scoring rule be specified.
This creates some very desperate companies that must fill their slots with some very desperate employees who are also willing to be low bidders for their salaries.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com