restricted bidding definition
restricted bidding means the direct solicitation of a limited number of potential bids where there is reason to believe that the service required is available from a limited number of potential contractors;
restricted bidding means a method of procurement that limits the request for bids to a selected number of suppliers, from which a final choice is made;
restricted bidding means the procurement method, conducted in accordance with section 41 of the Act, in which the invitation to bid is extended to a limited number of bidders;
More Definitions of restricted bidding
restricted bidding means a bidding process in which a limited number of suppliers are invited to quotation.
restricted bidding means a procurement method whereby the first step is pre-qualification and the second step an invitation to bid to pre-qualified bidders only. The description and conditions of application of this method is to be found in the Article 22 of this Policy.
restricted bidding means a procurement method that limits the request for bids to a selected number of suppliers, contractors or service providers, from which a final choice is made;
restricted bidding means a competitive procurement method whereby only the economic operators preselected by the licensee may participate in the procurement process.
restricted bidding means a procurement method whereby only suppliers who are invited by the procuring entity may submit a bid;