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offeror |
Also found in: Dictionary/thesaurus, Medical, Financial, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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offeror n. a person or entity who makes a specific proposal to another (the offeree) to enter into a contract. (See: contract, offer, offeree) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Exceptional/High Confidence -- Based on the offeror's performance record, essentially no doubt exists that the offeror will successfully perform the required effort. The Offerors are not affiliated with Independence IV or its general partner. In using the best value approach, the government seeks to award to an offeror whose bid gives the greatest confidence that it will best and most affordably meet requirements. |
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