National Competitive Bidding
Key Facts
Abbreviation
NCB
Pronunciation
/ˈnæʃənəl kəmˈpɛtɪtɪv ˈbɪdɪŋ/
Category
Business
Related Field
General
Examples in Context
- It also supported an action plan to revamp the e-procurement platform to be able to be used on Bank-financed national competitive bidding procurement.
- The government sold more than 200 coal blocks during Mr. Singh's time, but India's national auditor said in 2012 that awarding the contracts without competitive bidding cost the government billions of dollars.
- As a national key project, Ningxia Yellow River Pumping Project thoroughly implemented project entity responsibility system, invitation and competitive bidding system, construction supervision system and contract management system.
Other meanings of NCB
National Computer Board
Computing
Nuclear Chemical and Biological
Academic
Nature Cell Biology
Academic
Nanyang Commercial Bank
Business