Bid shopping definition
Bid shopping means the practice of divulging a contractor’s or subcontractor’s bid to other prospective bidders before the award of a contract, in order to secure a lower bid.
Bid shopping means any effort by a general contractor after bid submission to obtain a lower price from a subcontractor that such contractor has previously solicited bids from with respect to the project for which such bid was submitted, including using one subcontractor's bid to coerce lower bids from other subcontractors, but excluding the substitution of a contractor in accordance with section 2 of this act; and
Bid shopping means the practice of divulging a contractor’s or subcontractor’s bid
More Definitions of Bid shopping
Bid shopping means the use of a low bid already received by the prime contractor to pressure other subcontractors into submitting even lower bids.
Bid shopping means the practice of divulging a contractor's or subcontractor's bid to other prospective bidders before the award of a contract, in order to secure a lower bid.
Bid shopping means the practice of divulging a contractor’s or subcontractor’s bid to other prospective bidders before the award of a contract, in order to secure a lower bid. (d) “Broker” means an intermediary; an independent contractor employed to negotiate business between a buyer and seller for compensation.