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Jackson6612 Posted 15 years ago
Grammar

They lost the contract because their bid was too high.

http://www.thefreedictionary.com/bid
1b. The amount offered or proposed: They lost the contract because their bid was too high.
[Am. Heritage Dic.]

Hi

I don't understand how someone would lose a contract when they are offering a big amount. Could you please guide me on this?
  

Top answer

The lowest bid wins. If I will paint your house for $1000 and CJ will paint your house for $1500, which bid will you take?

— Mister Micawber

  • The lowest bid wins.
  • If I will paint your house for $1000 and CJ will paint your house for $1500, which bid will you take?
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4 Answers
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The lowest bid wins. If I will paint your house for $1000 and CJ will paint your house for $1500, which bid will you take?
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Mister MicawberThe lowest bid wins. If I will paint your house for $1000 and CJ will paint your house for $1500, which bid will you take?
Thanks, Mr Micawber. I understand it now. But don't you think "amount offered" phrase is misleading somewhat. Perhaps "rate charged" or something like would be more apt. Please guide me. Thanks.

Best regards
Ja
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Not at all. An amount is simply that: a quantity. A rate is an amount per time period or other basic variable.
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Mister MicawberNot at all. An amount is simply that: a quantity. A rate is an amount per time period or other basic variable.
Thanks, Mr Micawber.

Actually I was thinking of "bid" in the context of an auction where the highest bid wins.

Should I use "the" above? Please let me know. Thanks.
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