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LSDefine

Simple English definitions for legal terms

bid

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A quick definition of bid:

A bid is an offer to do a job or provide materials for a certain price. The person making the bid doesn't have any rights until the other person agrees to it. Sometimes people try to cheat by not making a bid themselves, but waiting for someone else to do it and then offering to do the job for less money. This is called "bid peddling." Another way people cheat is by pressuring others to make lower bids, which is called "bid shopping." Finally, if people work together to raise prices, that's called "bid rigging," which is against the law.

A more thorough explanation:

A bid is an offer to do a job or provide materials at a certain price. The person making the bid is called the offeror, and the person receiving the bid is called the offeree. The offeree can choose to accept or reject the bid.

  • Bid peddling: This is when a subcontractor chooses not to bid on a job, but waits for another subcontractor to pay for the estimate and make an offer. Then, the first subcontractor offers to do the job for a lower price. This is not fair to the subcontractor who paid for the estimate, and it can be illegal.
  • Bid shopping: This is when a general contractor receives a bid from one subcontractor, but then pressures other subcontractors to submit lower bids. This is not fair to the subcontractors, and it can lead to lower quality work.
  • Bid rigging: This is when competitors work together to raise prices for their goods or services. This is illegal because it is a violation of antitrust laws.

These examples show how bids can be used unfairly. Bid peddling and bid shopping are both examples of unfair competition, while bid rigging is illegal. It is important for bids to be made fairly and honestly, so that everyone has a fair chance to get the job.

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BulbasaurNoLikeCardio
10:00
@snow: winter is tattoo season and since that cold snap hit I got one done and have three sessions scheduled lol I love the cold
snow
10:00
whys that?? you're lowkey inspiring me now
snow
10:01
ive been wanting a thigh tat for so long
snow
10:01
or maybe something on my knee, but i heard thats hella painful
Dkk
10:01
I wouldn't say trauma, the trauma would probably come from seeing my friends head get crushed by an LTV and feeling the bag of glass that was his skull in my hands. Or knowing a kid I mentored shot himself with a bullet he used to keep around his neck that I allowed him to have illegally.
Dkk
10:01
Feet shit though, just annoying.
dkk that is heavy stuff
snow
10:01
jesus dk
BulbasaurNoLikeCardio
10:01
Winter is tattoo season because you are less likely to be in the sun exposing the healng tattoos, you dont go swimming or tanning in winter either so you don't miss out on the fun stuff of summer
Guys
Do u think I will hear from au today
snow
10:02
homely i hope we do!
Yes is the only correct answer ty
Dkk
10:02
Lmfao, it's just part of life in the military. Couple years ago a guy I knew got crushed by a tree. Is what it is.
snow
10:02
@BulbasaurNoLikeCardio: thats smart. i dont know anything about tattoo care lol
babycat
10:02
Also piercings are better to get in the winter
snow
10:02
dk i feel like you would do great in criminal defense
soap
10:02
you good Dk?
snow
10:03
i got my nose pierced last thanksgiving and it got infected @babycat
Dkk
10:03
Probably could just shock the jury into sideing with me lol
babycat
10:03
I mean bc you can’t go swimming with a piercing
Dkk
10:03
Ahh yeah, just hate that word. Trauma. Hate how people use it.
babycat
10:03
So you want to do it in winter when you won’t be missing it. Sorry abt ur nose though
BulbasaurNoLikeCardio
10:04
@snow: healing is super easy it takes like a week to get through the bad part but being in the sun or going in water is a no no so if you get it in the summer that is two weeks at least of no summer fun while winter it doesnt matter
snow
10:04
i think the piercer just did a bad job. my ex and i's piercings both got infected
babycat
10:04
maybe you’re spiritually aligned like that
Dkk
10:04
Gross, piercings.
snow
10:04
@babycat: i was living the bob dylan life man. smoking cigs with a nose piercing while drinkin coffee. have been chasing that high since
BulbasaurNoLikeCardio
10:04
I have been wanting a piercing just to feel what it is like
snow
10:05
@BulbasaurNoLikeCardio: that makes sense. idk im just nervous of infections
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