Instead of Washington setting prices, Congress wanted CMS to get competitive bids on the equipment.
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Then Sandy Springs took the experiment further and solicited competitive bids for different services.
As these were extremely competitive bids, being a part of the NYDHA program was a big help.
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Navsys has won competitive bids, Brown says, but the money won't come because the budget limbo has delayed payments.
The contract was put out for competitive bids, say U.S. and Kyrgyz officials.
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Regardless of how the broker is compensated, the company expects to receive competitive bids from the insurers and broker input regarding the best coverage available.
According to congressional aides briefed by the inspector general's office, the IRS did not formally seek competitive bids for the city where the agency's 2010 conference was held, for the event planner who assisted the agency, or for the speakers.
More realistically in the long run (i.e. 10-15 years from now), the city and state will likely have to consider the construction of a new facility to remain competitive in Super Bowl bids.
He said that today, domestic buyers in the U.S. are able to place higher bids in competitive tenders for properties because their future internal rates of return, or IRR, aren't affected by the added tax on future capital gains.
In New Jersey, bids start at 18% interest with the expectation that the public, competitive bidding will reduce that rate.
Moreover, CMS chooses as the final price the median among the winning bids, instead of marginal cost, which would drive pricing in a competitive market.
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However after a nine-week hearing Mr Justice Supperstone accepted that the council was entitled to bring the competitive tendering exercise to a close and then to develop the arena itself when other bids were found not to be good value for money.
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