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Unbalanced bid

Procurement glossary
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What is an unbalanced bid?

A bid in which a supplier sets prices for individual items or contract components that don’t match their actual costs, often overpricing some parts while underpricing others. Suppliers may do this to receive more payment upfront or on specific parts of a project. For example, a contractor might quote a low price for labor but a high price for materials to receive payment earlier.

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