An "auction" is held with energy providers with their lowest bid winning.
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When Cincinnati beat Connecticut 35-27, it moved West Virginia into position to earn a BCS bid by winning a three-way tiebreaker between the Mountaineers, Cincinnati and Louisville.
Their goal was to find how the NCAA Tournament Selection Committee determined the 34 at-large teams--those teams that make the tournament without getting an automatic bid from winning their conference tournament.
Environment Minister Paul Wheelhouse said the crofters' association bid for the lease was "substantially" lower than the winning bid.
Tuesday's winning bid came only several minutes before the auction closed at 4 pm ET.
The analytic literature puts the average winning bid at one-third to two-thirds below competitive prices.
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The winning bid came from a financial technology firm, which Hawtin declined to name.
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The winning bid, by Thailand's Mr. Charoen, was financed by Singaporean lenders United Overseas Bank Ltd.
Man's winning bid does not include regulatory capital--it is only buying the assets of Refco's regulated futures business.
What's more, HP's winning bid came in at just 20 cents a share more than its primary rival.
Neither Mr Aurandt nor Guernsey Museums Director Dr Jason Monaghan would divulge the value of the winning bid.
But adding everything together, Man's winning bid was some 40% over regulatory capital.
Redfin represented a buyer that made the winning bid on a Gaithersburg, Md.
Qatar's winning bid reflects the emirate's talent for using its vast gas-fuelled wealth to win friends and influence people.
Michael Oliver, a Cheshire businessman, made the winning bid and said the engine will be based in the north west of England.
Starbucks, however, cautioned that the final determination certifying the winning bid for Tully's will not occur until a bankruptcy hearing next week.
Eight city franchises will pay the winning bid to the player annually.
The Fifa executive will announce the winning bid on 15 May.
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The winning bid proceeds are to be split between British military charity Help for Heroes and Ty Hafan, a charity that help life-limited children in South Wales.
The Fifa inspection team visited Morocco in early October, and will travel to Egypt, Tunisia and Libya before Fifa's executive announce the winning bid in May 2004.
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But the fact that the winning bid was led by the Prison Service's own deputy director-general underlines the need for both greater openness and independence in the decision process.
He said the two were attending a conference together in Hawaii, and he had already learned that Gannett had the winning bid, but he kept silent until he slipped her a note right before the deal was to be announced.
Former Salt Lake City Deputy Mayor Brian Hatch, a key player in securing that city's winning bid for the 2002 Winter Games, recalled showing some Beijing officials around that year to help them prep for their city's hosting role in 2008.
Sotheby's Chief Operating Officer Bruno Vinciguerra fielded the winning telephone bid for the work.
Sydney also offered sweeteners, though less generous ones, before narrowly winning its bid for the 2000 games.
The athlete said winning the bid to stage the 2012 Olympics had given British sport a great boost which could inspire sports stars of the future.
Heineken came a step closer to winning its bid to take control of Asia Pacific Breweries, after a Thai beer magnate dropped his opposition to a deal.
There was speculation that Mark Lazarus, the new head of NBC sports, might be more interested in Comcast turning a profit on the games than in the prestige to the network of winning the bid.
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