BitHub by Space Kenya Networks. BitHub.Africa is a commercial blockchain accelerator that is driving the adoption of blockchain technology and solutions across Africa. The acceleratorâs focus is developing innovative and relevant solutions using blockchain technology.
Definition of jump bid. : a bridge bid of more tricks than are necessary in the denomination specified to overcall the preceding bid âcalled also jump.
competitive bidding. Transparent' procurement method in which bids from competing contractors, suppliers, or vendors are invited by openly advertising the scope, specifications, and terms and conditions of the proposed contract as well as the criteria by which the bids will be evaluated. Competitive bidding aims at obtaining goods and services at the lowest prices by stimulating competition, and by preventing favoritism. In (1) open competitive bidding (also called open bidding), the sealed bids are opened in full view of all who may wish to witness the bid opening; in (2) closed competitive bidding (also called closed bidding), the sealed bids are opened in presence only of authorized personnel.