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A bid price is the highest price that a buyer (i.e., bidder) is willing to pay for some goods. It is usually referred to simply as the "bid". In bid and ask, the bid price stands in contrast to the ask price or "offer", and the difference between the two is called the bid–ask spread. An unsolicited bid or purchase offer is when a person or ...
Number Length (mi) [1] Length (km) Southern or western terminus Northern or eastern terminus Formed Removed Notes I-29: 217.517: 350.060 I-29/U.S. 81 at South Dakota state line
According to NDDOT, this change was made for a number of reasons. These include the department's centennial celebration, to demonstrate the significant spending to improve North Dakota roads in the past few years, and to keep uniformity across the United States, especially with online mapping providers which render individual state shields.
Depending upon the language in the bid proposal, a subcontracting construction company could make its bid final, and, if accepted, a legally enforceable contract is created. In these circumstances, upon determination by the general contractor that a bid is the lowest offer, it can accept the bid and, upon acceptance, a subcontractor cannot ...
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
Number Length (mi) [1] Length (km) Southern or western terminus Northern or eastern terminus Formed Removed Notes US 2: 358.090: 576.290 US 2 near Williston: US 2 in Grand Forks
Annual average daily traffic (AADT) is a measure used primarily in transportation planning, transportation engineering and retail location selection. Traditionally, it is the total volume of vehicle traffic of a highway or road for a year divided by 365 days.
A uniform price auction otherwise known as a "clearing price auction", pay-as-clear [1] or marginal price auction, "marginal price system" (MPS), [2] is a multiunit auction in which a fixed number of identical units of a homogenous commodity are sold for the same price. Each bidder in the auction may submit (possibly multiple) bids, designating ...