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.
Unit entitlement is a number assigned to each strata lot thatdetermines:a) the share of common property and assets belonging toeach strata lot; and. b) the share of strata corporation expenses and liabilities of. each strata lot owner.2.nit entitlement is a number assigned to each strata lot thatdetermines:a) the share of common property and assets belonging toeach strata lot; and. b) the share of strata corporation expenses and liabilities of. each strata lot owner. 2.