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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. English auction - Wikipedia

    en.wikipedia.org/wiki/English_auction

    Unlike sealed-bid auctions (such as first-price sealed-bid auction or Vickrey auction), an English auction is "open" or fully transparent, as the identity (or at least the existence) of all bidders and their bids is disclosed to each other during the auction. More generally, an auction mechanism is considered "English" if it involves an ...

  4. Government procurement in the United States - Wikipedia

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

    The process used for source selection can be selected from FAR Parts 13, Simplified Acquisition, 14, Sealed Bidding or 15, Contracting by Negotiation. Contractors competing for a Government requirement have an opportunity to request clarification or amendment of a work statement or solicitation.

  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. 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]

  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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