Competitive bidding
Defined in 1 dictionary — U.S. Code
United States Code
42 U.S.C. § 1786 — as used in this section
“Competitive bidding” means a procurement process under which the Secretary or a State agency selects a single source (a single infant formula manufacturer) offering the lowest price, as determined by the submission of sealed bids, for a product for which bids are sought for use in the program authorized by this section.