themoneypaidto all thepeopleinvolvedwhen onecompanytriestobuyanother, forexample,lawyers,accountants, andbankers:Thecompanyannouncedlossesof ￡18mratherthan theexpected￡55mprofitafter having tochangeitsaccountingforbidcosts.(Definition ofbid costsfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofbid costs
bid costsAccording to the paper, a project's end costs would usually be higher thanbidcostsdue to expenses that arise during construction.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This would not only produce better design but greatly reducebidcosts.From theCambridge English CorpusThere has been no change in policy regarding the reimbursement ofbidcosts.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0At present, the winning contractor recovers theirbidcostsas part of the overall tender price.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The paperwork required for thebidcostsmore than that, let alone the support for schools.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These measures are consistent with practices elsewhere in the construction industry in relation to projects of such size and complexity wherebidcostscan be very large.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Nonetheless, the level ofbidcostsrepresents only an extremely small proportion of the value of investment that will be delivered over the life of the contracts.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/bid-costs##
