Biddability
The degree to which a set of documents can reasonably provide a bidder with the means to submit a competitive offer in response to the work defined by the documents.
Biddability refers to how clear and complete the bid documents are, influencing the ease and accuracy with which contractors can prepare their bids. High biddability reduces the likelihood of misunderstandings and ensures competitive pricing.
Used in a sentence
Improving biddability can lead to more competitive and accurate bids from contractors.
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