bid-shopping


bid-shopping
v. The legitimate practice whereby a general contractor, after being awarded a contract, tries to reduce his own costs by disclosing to interested subcontractors the lowest bids he received for subcontracts, and then inviting even lower bids.

Webster's New World Law Dictionary. . 2000.

Look at other dictionaries:

  • bid shopping — n. A prime contractor’s disclosure of current low bids to pressure subcontractors to submit even lower bids. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… …   Black's law dictionary

  • bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… …   Black's law dictionary

  • Shopping channel — Shopping channels are television specialty channels that present shopping related content, particularly for home shopping enthusiasts. Home shopping pioneers: * Bob Circosta * Barry Diller * Bud Paxson * Joseph SegelPopular American home shopping …   Wikipedia

  • Bid tv — Infobox TV channel name = bid tv logofile = Bid tv logo.png logosize = logoalt = launch = October, 2000 share = 0.1% share as of = June 2008 share source = [http://www.barb.co.uk/viewingsummary/monthreports.cfm?report=monthgmulti] owner = sit up… …   Wikipedia

  • Shopping mall — Interior of the Toronto Eaton Centre in Toronto, Ontario, Canada …   Wikipedia

  • Shopping — Seeking to obtain the best bid or offer available by calling a number of dealers and/or brokers. The New York Times Financial Glossary * * * shopping shop‧ping [ˈʆɒpɪŋ ǁ ˈʆɑː ] noun [uncountable] COMMERCE the activity of going to shops to buy… …   Financial and business terms

  • shopping — Seeking to obtain the best bid or offer available by calling a number of dealers and/or brokers. Bloomberg Financial Dictionary * * * shopping shop‧ping [ˈʆɒpɪŋ ǁ ˈʆɑː ] noun [uncountable] COMMERCE the activity of going to shops to buy things: •… …   Financial and business terms

  • List of shopping malls in India — This is a list of notable Shopping Malls in India, segregated for State/City.=New Delhi=Ansal Plaza (Shoppers stop)Select City Walk, Lalit Manchanda Ji Ka Shopping Mall Vah bhai vah.=Andhra Pradesh=Hyderabad * Ashoka Metropolitan Mall, Banjara… …   Wikipedia

  • Doha 2016 Olympic bid — Olympic bid|2016|Summer winner = | runner up = | shortlisted1 = | shortlisted2 = | shortlisted3 = | shortlisted4 = | fullname = Doha, Qatar committee = Qatar National Olympic Committee (QAT) history = first bid Doha, the capital city of Qatar,… …   Wikipedia