lowest bid
简明释义
最低报价
英英释义
The lowest bid refers to the smallest amount of money proposed by a bidder in a competitive bidding process for a project or contract. | 最低投标指在竞争性投标过程中,投标者为某个项目或合同提出的最小金额。 |
例句
1.She was surprised when her lowest bid was accepted in the competitive market.
当她的最低投标在竞争激烈的市场中被接受时,她感到惊讶。
2.The city council decided to go with the lowest bid for the road repairs.
市议会决定选择用于道路修复的最低投标。
3.To win the auction, he placed the lowest bid possible.
为了赢得拍卖,他提出了可能的最低投标。
4.The contractor submitted the lowest bid for the construction project.
承包商提交了该建筑项目的最低投标。
5.After reviewing all proposals, we awarded the contract to the company with the lowest bid.
在审查所有提案后,我们将合同授予了报价为最低投标的公司。
作文
In the world of business and procurement, the term lowest bid refers to the lowest price offered by a contractor or supplier for a project or service. This concept is crucial in competitive bidding processes, where multiple vendors submit their proposals to win contracts. The lowest bid is often a deciding factor for organizations looking to minimize costs while ensuring quality. However, it is essential to understand that the lowest bid does not always equate to the best value. When companies seek to hire contractors for construction projects, they typically issue a request for proposals (RFP). This document outlines the project requirements, timelines, and budget constraints. Vendors respond with their bids, detailing how much they will charge to complete the work. The organization reviews these bids, and the one with the lowest bid usually wins the contract. This process encourages competition and can lead to significant cost savings for the hiring entity. However, there are risks associated with selecting the lowest bid. Sometimes, a vendor may offer a lower price by cutting corners or using inferior materials. This can result in subpar work, leading to additional expenses down the line for repairs or replacements. Therefore, organizations must conduct thorough evaluations that consider factors beyond just price. Quality, experience, and reputation are also critical components of the decision-making process. For instance, a company might choose to pay a bit more for a contractor with a proven track record of delivering high-quality work on time rather than opting for the lowest bid from a less experienced vendor. In such cases, the long-term benefits of quality work can outweigh the initial savings from a lower bid. Moreover, the concept of the lowest bid varies across different industries. In public sector projects, for example, many jurisdictions require that contracts be awarded to the lowest bid to ensure fairness and transparency. This can lead to situations where the emphasis on cost over quality can compromise the project's integrity. In conclusion, while the lowest bid is an important aspect of the procurement process, it should not be the sole criterion for decision-making. Organizations must balance cost with quality, reliability, and the overall value provided by vendors. By doing so, they can ensure that they not only save money but also achieve successful outcomes in their projects. Understanding the implications of choosing the lowest bid is vital for any business leader aiming to make informed decisions that support their organization's goals.
在商业和采购的世界中,术语最低报价指的是承包商或供应商为某个项目或服务提供的最低价格。这个概念在竞争性招标过程中至关重要,在这个过程中,多个供应商提交他们的提案以赢得合同。最低报价通常是组织在寻求降低成本的同时确保质量时的决定性因素。然而,必须理解的是,最低报价并不总是等同于最佳价值。当公司寻求雇佣承包商进行建设项目时,他们通常会发布请求提案(RFP)。该文件概述了项目要求、时间表和预算限制。供应商回复他们的投标,详细说明他们将收取多少费用来完成工作。组织审查这些投标,通常以最低报价获胜的投标为合同。这一过程鼓励竞争,并可能为雇佣实体带来显著的成本节省。然而,选择最低报价存在风险。有时,供应商可能通过削减成本或使用劣质材料来提供更低的价格。这可能导致低劣的工作,进而导致后续修理或更换的额外费用。因此,组织必须进行全面评估,考虑超出价格的其他因素。质量、经验和声誉也是决策过程中的关键组成部分。例如,一家公司可能选择支付稍高的费用给有良好记录的承包商,以确保按时交付高质量的工作,而不是选择来自经验较少的供应商的最低报价。在这种情况下,优质工作的长期利益可能超过较低报价所带来的初始节省。此外,最低报价的概念在不同的行业中有所不同。例如,在公共部门项目中,许多辖区要求合同必须授予最低报价以确保公平和透明。这可能导致强调成本而非质量的情况,从而损害项目的完整性。总之,尽管最低报价是采购过程中的一个重要方面,但它不应成为决策的唯一标准。组织必须在成本与质量、可靠性以及供应商提供的整体价值之间取得平衡。通过这样做,他们可以确保不仅节省资金,还能在项目中实现成功的结果。理解选择最低报价的影响对任何希望做出支持其组织目标的明智决策的商业领袖来说都是至关重要的。
相关单词