base price; reserve price for bidding
Tone colorsmāmámǎmàma
Meanings
1 sense · 4 examplesnoun
base price; reserved price; bid basis price
formalA confidential, preset price estimate determined by the tender inviter before the bidding process begins. It serves as a reference for evaluating bids but is not the sole criterion for winning. It's primarily used in engineering, construction, and procurement contexts.
Zhè这
cì次
zhèng政
fǔ府
cǎi采
gòu购
xiàng项
mù目
de的
biāo标
dǐ底
yǐ已
jīng经
què确
dìng定
，
dàn但
duì对
wài外
bǎo保
mì密
。
The base price for this government procurement project has been set but is kept confidential.
Tóu投
biāo标
rén人
de的
bào报
jià价
bù不
néng能
guò过
gāo高
de地
piān偏
lí离
biāo标
dǐ底
。
The bidder's offer should not deviate too much from the reserve price.
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Biāo标
dǐ底
shì是
píng评
biāo标
de的
zhòng重
yào要
cān参
kǎo考
yī依
jù据
zhī之
yī一
。
The bid basis price is one of the important reference criteria for bid evaluation.
Wèi为
le了
gōng公
píng平
jìng竞
zhēng争
，
kāi开
biāo标
qián前
shuí谁
yě也
bù不
néng能
zhī知
dào道
biāo标
dǐ底
de的
jù具
tǐ体
shù数
é额
。
To ensure fair competition, no one can know the specific amount of the base price before the bid opening.