Award

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Award

To give a contract to a person or company, especially after competitive bidding from multiple persons or companies. That is, a company awards a contract when it decides to do business with somebody.
References in periodicals archive ?
These companies are bidding on the same jobs as the top-of-the-line companies that have the latest equipment and highest ethical standards -- with nothing in place (for bid awarders) to tell the difference."
It does seem surprising, however, that not one of the authors, editors, reviewers, or awarders noticed that the article is fundamentally flawed--in its data, methodology, and design.
A recent survey showed that two thirds of the awarders reported an increase in the number of research publications in peer-reviewed journals since receipt of their award (unpublished survey report distributed on June 9, 1999 to 81 award recipients spanning 5 classes since 1993, The Robert Wood Johnson Foundation, Generalist Faculty Scholars Program Evaluation).