USAREC is not currently accepting streamlined requests for waivers. ALL requests for waivers must be submitted with the applicant's packet in accordance with instructions found on the Warrant Officer Recruiting Home Page http://www.usarec.army.mil/hq/warrant/index.shtml under Hot Topics then Waivers.
Bidding War A bidding war refers to the competition that can often take place between two or more viable buyers at a foreclosure auction. In many states, homes that are foreclosed will be sold by the bank at an auction proceeding. The bidding war is what happens when two or more buyers eye the property at that auction.
DEFINITION of 'Bid Rigging'. A scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price.Bid rigging stifles free-market competition, as the rigged price will be unfairly high. The Sherman Act of 1890 makes bid rigging illegal under U.S. antitrust law. scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price. Bid rigging stifles free-market competition, as the rigged price will be unfairly high.