Competitive bidding is a way to buy a bid (or other), similar to a published auction, where each bid exceeds the previous one, and the highest bidder gets the item. This competitive shopping (other) approach can be understood as competitive bidding.
Competitive bidding
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Competitive bidding is a way to buy a bid (or other), similar to a published auction, where each bid exceeds the previous one, and the highest bidder gets the item. This competitive shopping (other) approach can be understood as competitive bidding.
- Name
- Competitive bidding
- Name
- competitive bid
- Reference object
- auctions
This is one of the specific methods of public auction. That is, the financial department announces the bond issuance volume in advance, and the subscribers will self-report the interest rates and prices that they are willing to accept. Until the completion of the predetermined number of releases.
