Bid Shopping. Bid shopping is an unethical practice in which a contractor discloses the bid price of one subcontractor to another in an attempt to obtain a lower bid price. Included in bid shopping is âbid peddling,â in which subcontractors themselves offer to undercut the known bid of another subcontractor.
The real estate entitlement process is frequently a political one, which involves uncertainty and often extensive negotiation and concessions in order to secure the necessary approvals and permits.
An entitlement is a provision made in accordance with a legal framework of a society. Typically, entitlements are based on concepts of principle (rights) which are themselves based in concepts of social equality or enfranchisement. Entitlement can also be informally to do with social relationships, social conventions and social norms.