Auctions allow multiple buyers to bid competitively for products from individual suppliers.

拍卖会允许各种买家为个别供应商的产品进行竞价。

youdao

Halliburton had a pre-existing Navy contract, which was actually competitively bid that they're now using to do a lot of reconstruction work down there.

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And what happened was they didn't bid out competitively this Medicare Advantage program.

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