withdraw a bid; retender
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesverb
to withdraw a bid; to retender
formalA formal business and legal term used in bidding, procurement, and tendering processes. It refers to the action of officially recalling a submitted proposal before the contract is awarded.
Yóu由
yú于
yù预
suàn算
tiáo调
zhěng整
，
gōng公
sī司
jué决
dìng定
chè撤
biāo标
。
Due to a budget adjustment, the company decided to withdraw its bid.
Tóu投
biāo标
rén人
kě可
yǐ以
zài在
kāi开
biāo标
qián前
chè撤
biāo标
。
Bidders can withdraw their bids before the bid opening.
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Tā他
men们
chè撤
biāo标
de的
yuán原
yīn因
shì是
fā发
xiàn现
le了
gèng更
hǎo好
de的
tóu投
zī资
xiàng项
mù目
。
The reason they retendered was that they found a better investment project.