Competitive contract
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A contract is a contract in which many potential contracting parties compete with each other through bidding or auction , and the party offering the most favorable contract terms is the contracting party. This is the basic method used by the national and local governments when making contracts for sales, leases, contracts, etc. ⇔ Negotiated contract Source: The Selected Edition of the Japanese Language Dictionary About the Selected Edition of the Japanese Language Dictionary Information |
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〘名〙 ある契約の内容について、契約の相手方となるべき多数の者を入札や糶(せり)売りなどの方法で競争させ、最も有利な契約内容を申し出た者を相手方として締結する契約。国や地方公共団体などが、売買、貸借、請負などの契約をする場合の原則的な方法。⇔随意契約
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