The lowest bid has three meanings. Is ABCD correct here?

I don't know where the "lowest bid" came from. I wonder if LZ can explain it again? Or take out the complete topic. Let me first talk about the commonly used bid evaluation methods, hoping to help you understand:

1, the common bid evaluation method in the field of construction project bidding is "the lowest bid price after evaluation", that is, the substantive requirements (or key terms and important terms) of the bidding documents should be met, the bid price should not be lower than the cost (pre-tender estimate), and the bidding procedure is legal, that is, ACD in the title.

2. There are two bid evaluation methods in the field of international bidding: the lowest bid evaluation method and the comprehensive evaluation method. Pay special attention to the lowest bid evaluation method, not the lowest bid price method. Its principle is to evaluate the bidding documents based on the suppliers' bidding quotations in the order of compliance inspection, commercial evaluation, technical evaluation, price evaluation and proposal for award, and finally calculate the "bid evaluation price" of each supplier, and finally the one with the lowest bid evaluation price wins the bid.