underbid

Other brokers are reporting that carriers are less willing to go into unfavorable markets and that they are taking losses on lanes they may have underbid. This week there has been data on $1,000 loser loads consistently going into the Northeast, Phoenix and Florida.

Globally, the Chinese companies, including Huawei, are facing allegations that they 'underbid' projects, and position themselves and their establishment back home to snoop and enable them to shut remotely, if required be," he wrote.

A stalking horse agreement is an initial offer on the assets of a bankrupt company that sets the bar for other interested parties so they can't underbid the purchase price.

At the farm dispersal sale a 2011 JCB Fastrac was sold for PS43,000, with this lot being underbid online.

How did SCTI manage to underbid its rivals so comprehensively?

"Taxpayers' cash shouldn't be propping up an outsourcing industry descending into chaos as companies underbid each other for contracts in a race to the bottom which will see a serious decline in public services.

Eckman underbid the closest union contractor by more than $500,000 in the first phase, completing work well ahead of schedule.

Initially, you see, Deloitte had underbid Accenture by $87,000 (and even that wasn't the low bid).

Wage theft is a business problem because legitimate construction companies cannot compete and often are underbid by companies that don't include worker benefits/taxes in their bids.

On a recent job, a new subcontractor with only two employees had years of concrete work experience, but underbid the job.