no-bid contract

English - English

Definition of no-bid contract in English English dictionary

Related Terms

no-bid contract

The term "no-bid contract" is a popular phrase for what is officially known as a "sole source contract" which means that there is only one person or company that can provide the contractual services needed, so any attempt to obtain bids would only result in that person or company bidding on it

Hyphenation

no-bid con-tract