A set discount rate is the average from all the competitive bids.

The others are too far away to be able to make a competitive bid.

The two companies that were couldn't come close to competitive bids.

To place a competitive bid, you must use a bank or broker.

"We should put pressure on American companies to come up with competitive bids."

By some measures, the competitive bid appears to be paying off.

Not so much as one competitive bid was suggested by this administration.

Today's changes primarily open the market for the competitive bids.

Wouldn't the bank get the best price if it conducted competitive bids?

A competitive bid is essential as are best quality goods and services.