Shadow Bid definition
Shadow Bid means the schedule for a Flight Attendant who will not be flying all or a portion of the bid for the purpose of calculating pay.
Shadow Bid means a risk adjusted estimate of a project’s costs and benefits to be developed as if the project were delivered utilizing an Alternative Capital Financing arrangement. It includes the best estimate of full life cycle costs, benefits and risks over the contract term.
Shadow Bid means cost modeling conducted by the OTP3 that gives the projected value and potential for savings achieved by pursuing alternative modes of procurement when compared to PSC.