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  2. Bid rigging - Wikipedia

    en.wikipedia.org/wiki/Bid_rigging

    This is then divided up such that each will get a "fair share" of the total business, without truly having to compete with the others for that business. Bid delegation can be a factor fostering the presence of bid rigging; for instance, it is the case of marketing agencies that bid for the same ad space on behalf of different and competing agents.

  3. Business improvement districts in the United States - Wikipedia

    en.wikipedia.org/wiki/Business_Improvement...

    New York's BID movement began in the 1960s when business owners and residents realized public resources were limited to improve commercial areas. [24] In 1976, the first Special Assessment District legislation was passed, noting that the city would make capital improvements for an area under the condition that property owners would maintain ...

  4. Business improvement district - Wikipedia

    en.wikipedia.org/wiki/Business_improvement_district

    A business improvement district (BID) is a defined area within whichever businesses elect to pay an additional fee (or assessment) in order to fund projects within the district's boundaries. A BID is not a tax, as taxes fund the government. BID funds are collected and used for the exclusive benefit of the industry that pays the assessment.

  5. Bid rent theory - Wikipedia

    en.wikipedia.org/wiki/Bid_rent_theory

    Bid rent curve. The bid rent theory is a geographical economic theory that refers to how the price and demand for real estate change as the distance from the central business district (CBD) increases. Bid Rent Theory was developed by William Alonso in 1964, it was extended from the Von-thunen Model (1826), who analyzed agricultural land use.

  6. Bidder conferences - Wikipedia

    en.wikipedia.org/wiki/Bidder_conferences

    If a bidder who has lost the business against a competitor, can make a case at the court of law that the bidding process was discriminatory, the bidder can then protest the buyer's decision. The project will come to a halt, wasting both money and time, until the court has finalized its decision.

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  8. Bidding system - Wikipedia

    en.wikipedia.org/wiki/Bidding_system

    Opening bids of 3 of any suit are preemptive, showing a 7+ card suit and 6-10 points (mostly inside the bid suit). The meaning of 2 ♦, 2 ♥ and 2 ♠ varies. One common usage is that the bid shows a weak two bid, similar to a preemptive bid. Another is the strong two bid, which is natural and shows a very strong hand (too strong for a 1 ...

  9. Invitation to tender - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_tender

    A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...