two tier sealed bidding
Definition
Tendering process in which first all qualified firms are invited to submit technical (but not price) proposals and then the most suitable ones are invited to submit sealed price bids.
Popular 'Agreements & Contracts' Terms
two tier sealed bidding in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/two-tier-sealed-bidding.html
