en

Competitive bid

ru

Translation competitive bid into russian

competitive bid
The company submitted a competitive bid for the contract.
Компания подала конкурентную ставку на контракт.

Definitions

A competitive bid is a proposal submitted by a contractor or supplier in response to a request for proposals (RFP) or invitation to bid, where multiple parties submit their offers to provide goods or services, typically with the aim of securing a contract at the best price and terms.