Current Bid Opportunities (2024)

FAQs

What is the meaning of bid opportunity? ›

Bid Opportunity means a publicly advertised invitation for suppliers to submit bids for the provision of goods or services through a Request for Quotation, Request for Proposal or Invitation to Tender via the municipal website; Sample 1.

For example, if the ask price of a good is forty dollars, and a buyer wants to pay thirty dollars for the good, they might make a bid of twenty dollars, and appear to compromise and give up something by agreeing to meet in the middle—exactly where they wanted to be in the first place.

Understanding Bid and Ask

In essence, bid represents the demand while ask represents the supply of the security. For example, if the current stock quotation includes a bid of $13 and an ask of $13.20, an investor looking to purchase the stock would pay $13.20. An investor looking to sell the stock would sell it at $13.

You must focus your response on the question in hand. It then looks at using the evaluation criteria. It also looks at the need to show added value, innovation, how you stand out from the competition and using alternative bids (if appropriate). For public sector tenders, you often need to demonstrate social value too.

Under a best-response auction, bidders repeatedly best- respond (given the auction base-rule) to the most recent bids of others. This goes on until a “stable state” is reached, or “sufficiently long” time has passed.

RFP response example:

Rather than describing your methodology or Gantt chart, say something like: “Our project management team is agile. We tailor our proven process to each client's unique needs with the main steps remaining consistent: build, test, and deploy to deliver value.”

A bidder will send a Bid Response after it receives a Bid Request from the Impression Bus. The Bid Response will include the bidder's bid ("price") and chosen creative ( "creative_id" or "creative_code" ). This creative will be served if the bid is ultimately accepted by the ad server.

A bid response is the advertiser's response to a publisher's bid request. When an advertiser decides that ad inventory offered via a bid request suits their criteria, they can respond with a bid through the RTB system.

What do people say when bidding? ›

Some typical filler words taught at auction schools, are "dollar bid", "now", and "will ya give me?". The typically taught chant for beginning auctioneers follows the pattern: "One dollar bid, now two, now two, will ya give me two?

A bid proposal is document that outlines your organization's response to a request for proposal—or a request for bid. In the bid, you'll be asked to respond to a series of questions from the buyer, in order to determine if your product is the ideal fit for their business.

bid verb (OFFER)

to offer a particular amount of money for something when competing against other people to buy it: [ T ] A collector bid $500,000 for the portrait. [ I/T ] present participle bidding | past tense and past participle bid.

The average investor contends with the bid and ask spread as an implied cost of trading. Most investors and retail traders are "market takers," meaning that they usually will have to sell on the bid (where someone else is willing to buy) and buy at the offer (where someone else is willing to sell).

Job bidding is the process whereby employees within an organization can apply for vacant positions if they believe they are qualified. Employees are notified of vacancies through job postings. Job bidding and internal recruitment has both advantages and disadvantages.

The term "bid" refers to the highest price a buyer will pay to buy a specified number of shares of a stock at any given time. The term "ask" refers to the lowest price at which a seller will sell the stock. The bid price will almost always be lower than the ask or “offer,” price.