bidder
Definition
Contractor, supplier, or vendor who responds to an invitation to bid (ITB). Also called offeror or quoter.
bidder is in the Agreements & Contracts and Purchasing & Procurement subjects.
bidder appears in the definitions of the following terms:
sealed bid auction,
winner's curse,
tender offer,
collusive bidding,
underbid,
bid price,
absolute auction,
competitive range,
qualified bidder,
rejected bid
and
bidder appears in the other terms: ineligible bidder, lowest responsible bidder, apparent low bidder, approved bidders list, responsive bidder, responsible bidder, prequalification of bidders
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