Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

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Search Results: 1-1 of 1 result for “Bid Analysis”
  • Bid Analysis

    A comprehensive review of all bids received as a result of a competitive process. The review is usually conducted for the purpose of comparing strengths and weaknesses of the bids received based on the requirements and criteria set forth in the Invitation for Bids.