Sealed bidding definition
Sealed bidding means a method of submitting a bid in writing by one or more persons following which the bids are opened at an advertised, predetermined time and place, and, after a review of all the bids received, the real or personal property is awarded to the highest and most responsive bidder.
Sealed bidding means the receipt of bids protected from inspection
Sealed bidding means the receipt of bids protected from inspection prior to bid opening. Bids may be received in any manner specified in the invitation for bids including receipt by mail, by direct delivery, or through any secure electronic interactive environment permitted by rule or regulation.
More Definitions of Sealed bidding
Sealed bidding. Members may log onto Copart's website at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/c2/home.html to bid on certain vehicles offered by insurance companies and vehicle finance companies through Copart’s Virtual Internet Exchange (“VIX”) using a sealed bid format. BID4U is not available under this format – bids are accepted at face value. During the Preliminary Bidding Period, Members may preview vehicles offered at a scheduled sale at a Copart facility in person. Note: Where permitted by state law, sellers may bid on their own vehicles.
Sealed bidding means bidding in which the contents of proposals cannot be opened or viewed before the formal opening of proposals, without leaving evidence that the document has been opened or viewed.
Sealed bidding means a method of submitting a bid in writing by one or more persons following which the bids are opened at an advertised, predetermined time and place, and,
Sealed bidding means a method of submitting a bid in 504