Recompete: meaning, definitions and examples
🏆
recompete
[ ˌriːkəmˈpiːt ]
competition process
To recompete means to compete again, particularly in context where participants must submit new proposals or bids following an evaluation of previous submissions. This term is often used in business or project contexts, indicating that an entity has not been awarded a contract and is given the opportunity to submit another bid.
Synonyms
contest again, reapply, reenter, resubmit.
Examples of usage
- The company decided to recompete for the contract after the initial proposals were rejected.
- After the review, they were encouraged to recompete with improved offers.
- Non-selected applicants were invited to recompete for funding in the next round.
- Following changes in regulations, several businesses chose to recompete for existing contracts.
Translations
Translations of the word "recompete" in other languages:
🇵🇹 recompetir
🇮🇳 फिर से प्रतिस्पर्धा करना
🇩🇪 wettbewerben
🇮🇩 berkompetisi kembali
🇺🇦 змагатися знову
🇵🇱 konkurować ponownie
🇯🇵 再競争する
🇫🇷 reconcurrencer
🇪🇸 recompetir
🇹🇷 yeniden rekabet etmek
🇰🇷 다시 경쟁하다
🇸🇦 إعادة المنافسة
🇨🇿 znovu soutěžit
🇸🇰 znovu súťažiť
🇨🇳 重新竞争
🇸🇮 ponovno tekmovati
🇮🇸 keppa aftur
🇰🇿 қайта бәсекелесу
🇬🇪 მეორე კონკურენცია
🇦🇿 yenidən rəqabət aparmaq
🇲🇽 recompetir
Etymology
The term 'recompete' is derived from the prefix 're-', meaning 'again', combined with 'compete', which originates from the Latin 'competere', meaning 'to strive together'. The concept of competing again reflects the competitive nature of various industries, particularly in public procurement and project proposals. As the business landscape evolved, the necessity for organizations to re-enter bids for contracts became more common, leading to the adoption of 'recompete' in both corporate and governmental contexts. This reflects a broader trend in competitive practices where entities must continually adapt and improve their proposals to meet changing requirements or standards.