Prime bidder 2025

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Prime Bidder means any person (natural or juristic) who forwards an acceptable proposal in response to this Request for Bid (RFB) with the intention of being the main contractor should the proposal beawarded to him/her.
Also known as a principal contract, an underlying contract, or a general contract. In federal government contracting, a prime contract is a contract directly between a contractor (prime contractor) and the federal government (FAR 3.502-1).
Prime contracting Prime contractors work directly with the government. They manage any subcontractors and are responsible for ensuring that the work is completed as defined in the contract.
Prime contracting Prime contractors work directly with the government. They manage any subcontractors and are responsible for ensuring that the work is completed as defined in the contract. To become a prime contractor, you must first register your business with the System for Award Management (SAM).
the highest bidder the person or company that offers the most money: Their home will be sold at auction to the highest bidder.
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People also ask

To stand first or paramount to take precedence or priority of; to outrank ; as, in the sentence taxes prime all other liens.
Greater Control: They have more control over the project, including the ability to select and manage subcontractors. Financial Rewards: These contractors often receive higher payments compared to subcontractors, reflecting their greater responsibilities.
Definitions of bidder. someone who makes an offer. applicant, applier. a person who requests or seeks something such as assistance or employment or admission. someone who makes a bid at cards.

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