Home > Term: bid and study agreement
bid and study agreement
An agreement between two or more parties to review technical data prior to deciding whether to bid on a concession. The agreement also specifies the interests and the procedure for bidding between the parties in the event that the parties decide to bid on the concession.
- Part of Speech: noun
- Industry/Domain: Oil & gas
- Category: Oilfield
- Company: Schlumberger
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Creator
- BSchmidt
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