BID DATE Meaning and
Definition
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Bid date is a term commonly used in the construction industry, specifically in the context of bidding and tendering processes. It refers to the specified or designated date on which bids, proposals, or tenders are required to be submitted by interested contractors, suppliers, or service providers in response to a construction project.
During the bid date, potential bidders are expected to prepare and submit their offerings, which typically include cost estimates, technical proposals, and other relevant documents outlining their capabilities and qualifications to complete the project. These submissions are usually time-sensitive and must be sealed and submitted to the project owner or relevant procurement body before a specific deadline set on the bid date. The bid date allows the project owner to compare and evaluate different proposals to determine the most suitable contractor or provider.
The bid date is a crucial stage in the construction procurement process as it signifies the end of the bidding period and the beginning of the evaluation and selection process. It provides a level playing field for contractors to compete and showcase their expertise and capabilities. The bid date is often publicly announced, allowing interested parties to stay informed and abreast of the project's progress and deadlines.
Overall, bid date sets a timeline for potential bidders to submit their proposals, enabling a transparent and structured approach to construction project procurement.
Etymology of BID DATE
The word "bid date" does not have a specific etymology as it is a combination of two separate words: "bid" and "date". Here's a breakdown of their origins:
1. "Bid": The word "bid" originated from the Old English word "biddan", which meant "to ask" or "to command". It has its roots in the Proto-Germanic word "bidjaną". Over time, the meaning of "bid" expanded to include making offers or placing competitive bids in various contexts, such as auctions, contracts, or projects.
2. "Date": The word "date" originated from the Latin word "data", which means "given" or "bestowed". In this sense, "date" refers to a specific arrangement or an appointed time for an event to take place.
Similar spelling words for BID DATE
- bad dude,
- (dead) body,
- Budded,
- buddy tate,
- dead bat,
- Boated,
- most dead-beat,
- bad deed,
- pat doughty,
- bidder,
- tit bit,
- pied-crested tit-tyrant,
- did bit,
- date,
- duty paid,
- Dead beat,
- DEATH-BED DEED,
- tooed bad,
- bedded,
- but daddy,
- tight body,
- bad dad,
- more dead-beat,
- putty tat,
- taut body,
- potty dotty,
- bat tattoo,
- peyote tattoo,
- bite,
- data bit,
- beat duty,
- ted boody,
- dad bod,
- duty-paid contract,
- dead body,
- Bidden.
