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complementary bidding (a.k.a. cover bidding, courtesy bidding)

Lithuanian translation: neautentiškas pasiūlymas aukcione / pasiūlymas aukcione neketinant įsigyti (daikto, objekto)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:complementary bidding (a.k.a. cover bidding, courtesy bidding)
Lithuanian translation:neautentiškas pasiūlymas aukcione / pasiūlymas aukcione neketinant įsigyti (daikto, objekto)
Entered by: Rasa Didžiulienė

07:40 Apr 22, 2014
English to Lithuanian translations [PRO]
Bus/Financial - Business/Commerce (general)
English term or phrase: complementary bidding (a.k.a. cover bidding, courtesy bidding)
How would you translate "complementary bidding" also known as "cover bidding" or "courtesy bidding)?

Definition: Complementary bidding, also known as cover bidding or courtesy bidding, occurs where some of the bidders agree to submit bids that are intended not to be successful, so that another conspirator can win the contract. For example, the cover bids might contain prices that are uncompetitive in relation to the prices submitted by the conspirator who is designated to win the contract, or alternatively, the cover bids might contain conditions that the conspirators know will be unacceptable to the agency calling for the bids.
Rasa Didžiulienė
Lithuania
Local time: 04:56
Neautentiškas pasiūlymas aukcione
Explanation:
Neautentiškas pasiūlymas aukcione

Kitas galimas vairiantas:

Pasiūlymas aukcione neketinant įsigyti (daikto, objekto).
Selected response from:

Inga Jokubauske
United Kingdom
Local time: 02:56
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4Neautentiškas pasiūlymas aukcione
Inga Jokubauske


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
Neautentiškas pasiūlymas aukcione


Explanation:
Neautentiškas pasiūlymas aukcione

Kitas galimas vairiantas:

Pasiūlymas aukcione neketinant įsigyti (daikto, objekto).

Inga Jokubauske
United Kingdom
Local time: 02:56
Specializes in field
Native speaker of: Native in LithuanianLithuanian
PRO pts in category: 50
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