Bid Challenge

Bid challenge in Global Commerce Policy

In this regard, bid challenge is: a complaint by one party to an agreement on government procurement that the other party has not followed the agreed rules in awarding a contract. The entries on trade policy are here. A challenge usually has to be made within a specified period. The parties normally also agree that challenges should be heard by an impartial and independent tribunal, and that the challenger can attend all hearings.[1]

Bid challengein the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Bid challenge” entry (OAS)

See Also