GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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09:07 Nov 24, 2017 |
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Bulgarian to English translations [PRO] Law/Patents - Law (general) / ГПК | |||||||
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| Selected response from: Petar Tsanev Bulgaria Local time: 05:18 | ||||||
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Summary of answers provided | ||||
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5 +3 | bid increment |
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4 +1 | a step in bidding |
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a step in bidding Explanation: "Two-step sealed bidding is a variation of sealed bidding. Generally, there are two steps to obtain benefits of sealed bidding when adequate specifications are not available. Two-step sealed bidding is especially useful in acquisitions requiring technical proposals, particularly those for complex items. " |
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bid increment Explanation: https://definedterm.com/bid_increment |
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Notes to answerer
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