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    What does "no-bid oil service contracts" mean?

    Question #103044. Asked by dj168. (Feb 15 09 7:04 PM)


    Indy_B

    		No-bid contract is a popular term for what is officially known as a "sole source contract."

    A sole source contract implies that there is only one person or company that can provide the contractual services needed and that any attempt to obtain bids would only result in one person or company being available to meet the need.


    http://en.wikipedia.org/wiki/No-bid_contract



    Feb 15 09, 7:14 PM
    queproblema

    		It means gasoline in Kenny Lake, Alaska, costs $3.05 a gallon today. We investigated opening a gas station ourselves to break the monopoly.

    Sorry, our local filling station has no website, but you can call them at (907) 822-3313.

    Feb 15 09, 7:25 PM

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