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"the bid" is a correct and commonly used phrase in written English.
It is typically used when discussing an offer or proposal, particularly in a business or financial context. Example: "The company submitted the highest bid for the construction project."
Exact(59)
Hit the bid.
Groupon, audaciously, rejected the bid.
"On the Bid Laden raid.
The bid from Arsenal stings, though.
Bull-Dog's management opposed the bid.
But the bid probably won't succeed.
This idea won his firm the bid.
The government, however, justified blocking the bid.
Avon says the bid is too low.
But the bid faces several obstacles.
Take the mechanics of the bid.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com