should have a hiring agreement with the owners of vehicles which are offered to be
who cannot give a clear certificate will need to to provide an "explanatory statement" setting out any mitigating factors - for example, the bidder
no longer engages in tax planning.
who have more experience in the Internet auction market may value the seller's reputation more highly than bidders
who have little or no experience in the market.
Imagine that your company was the low bidder
on a multi-million dollar project and you were anxious, after learning that the award was "held up" for an undetermined reason, to obtain more information from the agency.
In a statement, Formation Capital said it will evaluate BEI's auction process "to satisfy ourselves that all bidders
participating in the process will be treated fairly and equally.
eBay asks the bidders
to submit maximum bids (called proxy bids) and explains that "eBay will bid incrementally on your behalf up to your maximum bid, which is kept secret from other eBay users.
Those rules require all bidders
to pay their full bid in the event the commission is ultimately successful in its litigation and the licenses are issued.
Leslie Dick's suit, meanwhile, alleges that it was actually the highest bidder
with a final bid of $1.
In the end, he found three bidders
but disqualified one Wednesday over a conflict of interest problem.
The remaining prospective bidders
will receive a very cursory description of the selling company and will be offered a more in-depth offering memorandum if they sign a confidentiality agreement.
In more formal terms and using i as an index to represent the bidders
in the auction,