Glossary entry

Croatian term or phrase:

isklični krug

English translation:

bidding round

Added to glossary by Guido Villa
Sep 23, 2023 15:42
8 mos ago
17 viewers *
Croatian term

isklični krug

Croatian to English Law/Patents Business/Commerce (general)
In a tender: "natjecatelji usmeno, jedan po jedan, iznose u zapisnik svoje ponude, s time da početna isklična ponuda mjesečne zakupnine po 1m2 ne može biti niža od početnog iznosa zakupnine objavljenog u javnom natječaju, a u svakom slijedećem iskličnom krugu ponuda mjesečne zakupnine se mora podignuti za najmanje 0,10 €/m2"

thank you in advance
Proposed translations (English)
4 bidding round

Proposed translations

4 hrs
Selected

bidding round

bidding round means the discrete time period during which bids may be submitted, amended or withdrawn. At the end of a Bidding Round, all valid bids are processed in accordance with the relevant auction algorithm and a subsequent Bidding Round may be opened.
https://www.lawinsider.com/dictionary/bidding-round

Primjer na hrvatskom:
https://www.autotrolej.hr/wp-content/uploads/2023/09/zapisni...

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Note added at 5 hrs (2023-09-23 21:29:08 GMT)
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početna isklična ponuda > initial bid/offer
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4 KudoZ points awarded for this answer. Comment: "thanks"
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