Local Competitive Bidding - significado y definición. Qué es Local Competitive Bidding
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Qué (quién) es Local Competitive Bidding - definición

Psychic bidding

Local Competitive Bidding      
LCB is one of several forms of procurement made with World Bank financing. LCB is generally used for contracts involving: (a) labor intensive activities; (b) small value; (c) locally procurable services or goods priced below the world market; (d) intermittant work; or (e) activities to be performed at numerous sites. See: International Business Opportunities Service International Competitive Bidding Limited International Bidding
Bidder         
OFFER, OFTEN COMPETITIVE IN NATURE, TO SET A PRICE FOR A PRODUCT OR SERVICE
Bidder; Bidding up; Elective Course Bidding
·noun One who bids or offers a price.
bidding         
OFFER, OFTEN COMPETITIVE IN NATURE, TO SET A PRICE FOR A PRODUCT OR SERVICE
Bidder; Bidding up; Elective Course Bidding
n.
1.
Command, order, direction, injunction, precept, behest, requisition, mandate, appointment.
2.
Offer (of a price), bid, proposal.

Wikipedia

Psychic bid

Psychic bid (also psych, pronounced to rhyme with like) is a bid in contract bridge that grossly misstates the power and/or suit lengths of one's hand. It is used deliberately to deceive the opponents. Normally, the psychic bid is made with a weak hand, overstating its overall strength, the length and strength in a particular suit, or both. (The noun is occasionally misspelled as psyche, through confusion with Psyche, a character in a myth concerning Venus and Cupid.)