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procurement
(redirected from Competitive bidding)

    Also found in: Medical, Financial, Encyclopedia, Wikipedia 0.04 sec.

procurement

Obtaining stock and plant for the purposes of production. The Internet has simplified the procurement of stock. A number of industry-specific vertical portals facilitate electronic procurement.



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But City Administrative Officer Bill Fujioka said that while he recognized what the council was trying to do, he believed it was better to have an open competitive bidding system.
CARDENAS DEFENDS NEW NEGOTIATION POLICY FOR BONDS by Daily News (Los Angeles, CA)
Unless marketed on a limited and/or discrete basis at the seller's request, the loan sales usually receive extensive exposure in the market and undergo a highly competitive bidding process.
Carlton closes on residential loan sale by Real Estate Weekly
Caplan's report also supports the competitive bidding process with some changes.
Caplan's Ontario home care review backs competition and quality ... by Community Action
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