prebid

prebid

(priːˈbɪd)
adj
(Commerce) occurring prior to a bid
vb (intr)
(Commerce) to bid in advance of an auction
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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Held last March 7, the prebid conference covered three civil works contract packages of what is also called the Philippine National Railways (PNR) Clark, the DOTr said in a statement.