False bid definition

False bid means a non−existent bid acknowledged by an auctioneer in an attempt to escalate bidding.
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False bid means a non-existent bid acknowledged by an auctioneer in an attempt to escalate bidding.
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Related to False bid

  • Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.

  • Responsive Bid means a Bid that complies with each of the provisions of this RFB, or is either an alternative bid or a bid with an exception, if accepted by the Agency.

  • Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects