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• Open bidding for federal contracts between independent groups that compete for the contract by providing the best bid.

  U.S. Centers for Medicare & Medicaid Services - Cite This Source - This Definition
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  Cite Definition for Competitive Bidding

  American Psychological Association (APA)

  Competitive Bidding. (n.d.). HealthCare.gov Glossary. Retrieved February 3, 2023, from website: http://www.expertglossary.com/definition/competitive-bidding.

  Chicago Manual of Style (CMS)

  Competitive Bidding. HealthCare.gov Glossary. U.S. Centers for Medicare & Medicaid Services. http://www.expertglossary.com/definition/competitive-bidding (accessed: February 3, 2023).

  Modern Language Association (MLA)

  "Competitive Bidding." HealthCare.gov Glossary. U.S. Centers for Medicare & Medicaid Services. 3 February. 2023 http://www.expertglossary.com/definition/competitive-bidding.

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