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Definitions from the Web

Term: Rebidding

Description:

Rebidding refers to the action of submitting a new bid or proposal, often in response to a previous bidding process. It can involve revising an existing offer or presenting an entirely different bid to compete for a project, contract, or tender.

Sample Sentences:

• After carefully reviewing the client's requirements, the construction company decided to rebid on the housing project.
• The government agency announced that it would be rebidding the contract due to changing circumstances.
• In order to have a chance at winning the lucrative contract, the company had to rebid with more competitive pricing.
• The contractor decided not to rebid for the project after realizing the scope was beyond their capabilities.

Possible Related Products:

Explore possible related products on Amazon:

• Rebidding Strategies
• Bid Proposal Templates
• Contract Negotiation Guide