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.
Definition of entitlement for English Language Learners. : 1  the condition of having a right to have, do, or get something. : 2  the feeling or belief that you deserve to be given something (such as special privileges) : 3  a type of financial help provided by the government for members of a particular group.