English version

sealed bid tender

From Longman Business Dictionarysealed bid tenderˌsealed ˈbid ˌtenderCOMMERCE a system in which several companies make tenders for a job without anyone knowing what the other tenders are. The offers are then all opened at the same time and the work given to the company who makes the best offer tender
Pictures of the day
What are these?
Click on the pictures to check.