A referential bid is a bid or tender for the purchase or supply of goods or services whose value is stated by reference to the bids or tenders received from competitors (if any), e.g. "such a sum as will exceed by £200 the amount ... offered ... by any other proposing purchaser".[1] Case law in various jurisdictions (see below) has generally ruled that referential bids frustrate the purpose of sealed competitive bidding and are therefore unfair.[2]
^South Hetton Coal Co v Haswell Shotton and Easington Coal and Coke Co [1898] 1 Ch 465
^Justia US Law, SSI Investors Ltd. v. Korea Tungsten Mining Co. Ltd., accessed 21 December 2018
A referentialbid is a bid or tender for the purchase or supply of goods or services whose value is stated by reference to the bids or tenders received...
making the highest tender. The Harvela case also made it clear that "referentialbids" (e.g. "$2,100,000 or $101,000 in excess of any other offer which you...
Holdings Ltd lost a bid to sponsor the weather forecast on RTÉ to Glanbia on 7 April 2006. The High Court ruled that its referentialbid – based on a formula...
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animal communication based on the claim that animal communication lacks a referential function and is thus not able to refer to external phenomena. However...
already be interpreted as the 'irrational' excess of mythic and political referentials, the mad intensification of collective value (blood, race, people, etc...
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Hideaki Anno, a former otaku, considers them excessively closed, self-referential, and introverted; after the end of the series, he criticized fans who...
cracking one-liners that have us break out into a smile, make self-referential punches and show earnestness in the sentimental moments". Prem Udayabhanu...
Michael Winterbottom's A Cock and Bull Story, a self-referential film of the "unfilmable" self-referential novel Tristram Shandy by Laurence Sterne. In the...
language. DOM emerges from a complicated interaction of factors such as referentiality, animacy and topicality. Mongolian also exhibits a specific type of...
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