Competitive Bids

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WASHINGTON -(Dow Jones)- The U.S. Federal Reserve received $10.87 billion in competitive bids in a sale meant to make banks familiar with term deposits, a tool the central bank could use to drain excess reserves from the financial system.
May 15, 2012 at 16:08 | Source: NASDAQ
SAUGERTIES, N.Y. — Town government department heads failed to solicit competitive bids for lease-purchase deals for three trucks totaling $35,203 and failed to obtain verbal quotes for seven purchases totaling $7,367 between Jan. 1 ...
May 23, 2012 at 07:02 | Source: Daily Freeman
DeVaney said competitive bidding typically results in bids from landlords that are slightly less than the advertised rate. "It should be the list rate or slightly less unless you have to put in some unusual type of build-out," he said.
May 20, 2012 at 03:45 | Source: msnbc.com
Anybody in business knows that you get the best deal when you get a number of bids for something you need to buy. The same is true for government. The federal government is required by law to get competitive bids for all contracts, with only narrow ...
May 22, 2012 at 06:56 | Source: WisPolitics.com
He also said the city has traditionally sought competitive bids for planning services. In this case, Laminin and its partners approached the city. Six firms submitted bids last year to draft a master plan for 9,300 acres of mostly undeveloped ...
May 21, 2012 at 23:03 | Source: Everything Alabama Blog
Vacant stalls would be allocated to the highest bidder, as long as there were competitive bids. This allows the market to set its clearing price for stalls and works in tandem with other revisions to policies aimed at moderating stall rentals ...
May 22, 2012 at 04:47 | Source: Channel NewsAsia
The subcontracts are for work such as electrical, plumbing, masonry, and heating and air conditioning. “The bids were competitive, we had a lot of participation, and we remain within budget and on schedule for this vitally important new school building ...
May 19, 2012 at 14:59 | Source: Patriot Ledger
Why, if these bids didn’t go through a “competitive bid process,” one might be tempted to look at them as payoffs, eh? Matt asks just how competitive the bid process was that resulted in a $20 million payday to flack for ObamaCare ...
May 23, 2012 at 03:41 | Source: Hotair.com
“Congress mandated a leakproof transmission drip pan,” said Dov Schwartz, an Army spokesman. The contract was awarded without competitive bids because Phoenix was the only company deemed “approved and certified” for the work, he said.
May 19, 2012 at 01:37 | Source: New York Times
Competitive bids for the bonds will be accepted electronically on June 6 until 11 a.m. The bonds will be sold to the bidder offering the lowest interest. The township expects to close on the bonds on June 19.
May 27, 2012 at 23:54 | Source: NJ.com