Under the program, a competition among suppliers who operate in a particular competitive bidding
area is conducted.
, technically called Reverse Auction Mechanism, has not been organised in Pakistan and there is no prior experience.
Earlier, he said, power generation companies were given a specific profit for the power generation, but now investors would be invited for the competitive bidding
to get the lowest rates and pass on maximum benefit to consumers.
The change in policy is not going to discourage the investment in any way and within eight weeks you will see the competitive bidding
for award of generating 400 megawatts wind and 600MW solar electricity, the minister claimed.
HISTORY OF PRIVATE PLANS AND COMPETITIVE BIDDING
Whether a home care provider participates in competitive bidding
or not they need know their costs of doing business.
Also in October, the National Community Pharmacists Association released results from a survey of more than 800 community pharmacists about the potential impact of Part B diabetes supplies--including testing strips, monitors, lancets and glucose control solutions --being subject to the competitive bidding
Several unions in Ontario represent homecare workers, and have taken clear positions against the competitive bidding
The Centers for Medicare & Medicaid Services (CMS) has announced the next steps in the implementation of the Round One Rebid of the Medicare Competitive Bidding
Program for durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS), including the general timeline for opening the bid window in the fall of this year.
Orszag, who received a warm reception, outlined how the Obama Administration is implementing competitive bidding
procedures to the public-private managed care program created by the 2003 Medicare Modernization Act.
Early in the year laboratories faced a dismal reimbursement future with a competitive bidding
demonstration project scheduled to begin in San Diego in July, along with a soon-to-be announced second site.
The Balanced Budget Act of 1997 required the Centers for Medicare & Medicaid Services (CMS)--the agency that administers Medicare--to test competitive bidding
as a new way to set payments.