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  2. Federal Acquisition Regulation - Wikipedia

    en.wikipedia.org/wiki/Federal_Acquisition_Regulation

    FAR Part 14 details the requirements for conducting a "sealed bid" tender, where federal requirements can be stated "clearly, accurately, and completely" and price is the only determinant of contract awardee. [25] Under this part, Unnecessarily restrictive specifications or requirements that might unduly limit the number of bidders are prohibited.

  3. First-price sealed-bid auction - Wikipedia

    en.wikipedia.org/wiki/First-price_sealed-bid_auction

    A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]

  4. Government procurement in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_procurement_in...

    A "responsive bidder" is one who submits a "responsive bid", one which, if accepted by the government as submitted, will obligate the contractor to perform the exact thing being called for in the solicitation. [40] FAR 14.301 states: To be considered for award, a bid must comply in all material respects with the invitation for bids.

  5. Bride and Groom Accidentally Put Wrong Banking Info on ... - AOL

    www.aol.com/bride-groom-accidentally-put-wrong...

    One couple's cash wedding gifts wound up in a stranger's bank account. A bride and groom accidentally provided the wrong banking details on their wedding invitations, which prompted several of ...

  6. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    In an English auction, all current bids are visible to all bidders and in a sealed-bid auction, bidders only get to know if their bid was the best. Best/not best auctions are sealed-bid auctions with multiple bids, where the bidders submit their prices like in English auction and get responses about the leadership of their bid. [ 74 ]

  7. The best wedding gifts for older couples, from personalized ...

    www.aol.com/lifestyle/best-wedding-gifts-for...

    But if you're stuck thinking about wedding gift ideas for the older couple, it's important to remember a few key things.First off, give yourself a budget and stick to it. A thoughtful gift doesn't ...

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