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"underbid" Definitions
  1. underbid somebody/something to make a lower bid (= offer) than somebody else, for example when trying to win a contract
"underbid" Antonyms

69 Sentences With "underbid"

How to use underbid in a sentence? Find typical usage patterns (collocations)/phrases/context for "underbid" and check conjugation/comparative form for "underbid". Mastering all the usages of "underbid" from sentence examples published by news publications.

The company's mass production methods allowed it to underbid other manufacturers, but still make a profit.
The company's mass production methods allowed it to underbid other manufacturers, but still make a profit.
We underbid, and in duplicate bridge, especially if you are not "vulnerable," if you do that you lose.
South Korea underbid Japan to win a contract to build the first nuclear reactors in the United Arab Emirates.
Outsourcers underbid in the hope that subsequent amendments to the contract—extra charges here and there—will eventually yield some profits.
Carillion collapsed in part because it had underbid for contracts that became unsustainable when it ran into delays and cost overruns.
Meanwhile, any manufacturer that gains market share by submitting a lower price for its drug on the initial bid day will know that it can be underbid, subsequently.
As it stood, sales margins were frequently in the 20 percent range, a byproduct of a fiercely competitive market where furniture manufacturers like PHDesign underbid their prices to garner market share.
Mr. Makarios said the pass-through provision would encourage even more building contractors to misclassify workers, allowing them to reduce their labor costs and underbid contractors who play by the rules.
Particularly in the wake of the financial crisis, contractors desperate for work and dependent on basically a single employer — the government — underbid for contracts just to get them at all, he said.
The Chinese company has been very open about its plans to export more railway products and has already underbid rivals to supply passenger rail cars in Boston, Philadelphia, Chicago and Los Angeles.
The railroad barons, operating in a largely unregulated market, would underbid each other on price in a deleterious downward spiral that caused wages to be slashed and critical maintenance to be forgone.
While both the Argentine peso and the Brazilian real have slumped in 2019, Lucier said the causes are likely due to domestic economic issues in each country, not an attempt to underbid the dollar.
That means it has no clear way to discern what is posturing by stockholders and what is any real discomfort with the terms — which could lead to an ill-informed underbid when the price is set on Tuesday.
And yet, in cities from Boston to Los Angeles, local authorities have already awarded contracts for new metropolitan rail transit systems to China's national behemoth, CRRC, which has underbid competitors by as much as half to secure those deals.
At first, Smith was put off by the whiff of exploitation that he detected around rising Silicon Valley enterprises such as Instacart, where people buy your groceries for you, and TaskRabbit, where freelancers can underbid one another to take on errands and other jobs.
The lawmakers maintain that because the Chinese Railroad Rolling Stock Corporation is a state-sponsored entity with access to Chinese government subsidies, the company can significantly underbid private competitors for rail car contracts in the U.S. – which they say has already happened in Boston and Chicago.
See major tenace. ;Mirror: Identical hand distributions: "North and South had mirror distributions." ;Misbid: A bid that fails to describe the hand properly. Often a misdescription of a hand's shape, as distinct from an overbid or underbid.
While the company's subway cars performed better, they did not continue in the railcar business, as competitors may have underbid on a key contract and the post- Vietnam War military build-up provided far more lucrative military contracts.
Whatever was actually the case in 1997, by 1999 Stone & Webster had serious cash flow problems. Company executives later charged that chairman Smith had consistently underbid on projects in order to win business, putting Stone & Webster on shaky ground.
In the end, Bell underbid Hughes to win the contract and the Bell 206A was designated as the OH-58A. Following the U.S. Army's naming convention for helicopters, the OH-58A was named Kiowa in honor of the Native American tribe.Holley and Sloniker, p. 90.
Opposite dummy's KQJ, declarer's singleton ace blocks the suit, and so is played to unblock. There are other situations that require unblocking, such as the Vienna coup. ;Under: See In front of. ;Underbid: 1) (Verb) To bid less aggressively, or to a lower contract, than most would with the same cards.
He was praised for technical innovations in the valves of the saxhorn, and owned two patents used for brass instruments. He also invented a method of drilling fife bores that allowed him to underbid his competition, and he may have been the first woodwind maker to use rosewood. Eisenbrandt died in Baltimore, Maryland in 1860.Parker, Andrew.
The payoff for the truthful strategy would be positive as they paid less than their value of the item, while the payoff for an underbid bid would be zero. Thus the strategy of underbidding is dominated by the strategy of truthfully bidding. Truthful bidding dominates the other possible strategies (underbidding and overbidding) so it is an optimal strategy.
He also established a stage line from Challis out to Blackfoot, providing a link with the railroad. Later, he opened a branch line to Bellevue. After three years, a competitor underbid him on the mail contract so he sold the business. Toponce's venture in central Idaho led him back into mining, as he furnished “grubstakes” to hopeful prospectors.
She was launched on April 28, 1915 at a cost of approximately $42,000. On November 9, 1914 Anderson Shipbuilding was awarded a contract by the United States Lighthouse Service to build the Lighthouse Tender Rose. It substantially underbid more established shipyards, offering to build the ship for $87,500. Construction on Rose began immediately after Bainbridge was launched.
When it sent ships to the loading port to pick up cargo, the association sent more ships and underbid Mogul Steamship Co Ltd. The association also threatened to dismiss agents or withdraw rebates from anyone who dealt with Mogul Steamship Co Ltd. Mogul Steamship Co Ltd alleged there was a conspiracy to injure its economic interests and sued for compensation.
In 1924 the Martin Company underbid Curtiss for the production of a Curtiss-designed scout bomber, the SC-1, and ultimately Martin produced 404 of these. In 1929 Martin sold the Cleveland plant and built a new one in Middle River, Maryland, northeast of Baltimore. During the 1930s, Martin built flying boats for the U.S. Navy, and the innovative Martin B-10 bomber for the Army.Herman, Arthur.
51, 58-60, 151. This network of vertically integrated companies enabled Roach to largely eliminate third-party suppliers, cutting costs and thus allowing him to regularly underbid competitors. He quickly established himself as the nation's leading iron shipbuilder, building more tonnage of ships in most years than the aggregate output of his next two major competitors, Harlan & Hollingsworth and William Cramp & Sons.Swann, p. 242.
ARTS II was introduced to address the needs for smaller airports. Lockheed's entry was based on the MAC-16 and a large display system delivered by Plessey, providing on-screen symbology and altitude data for up to 256 aircraft. Ironically, after Lockheed won the ARTS II contest, Burroughs underbid Lockheed, and the ARTS II was based on Burroughs systems.Michael Nolan, "Fundamentals of Air Traffic Control", Cengage Learning, 2010, pp.
As part of this partnership, Larkin Aircraft Supply Co. flew airmail and passengers over several different routes in Australia between 2 June 1924 and 9 September 1926, connecting Adelaide, Sydney, Broken Hill, Mildura, and Hay. However, service on Roberts' Sydney-Brisbane route failed. In 1928, Larkin underbid Qantas for the Camooweal-Daly Waters route, which would prove unprofitable. In February 1930, Larkin founded an unsubsidized company, Murray Valley Aerial Services.
This unusual configuration, chosen because the Ho-Chunk reservation abutted the west bank of the river, caused much agitation among those who wanted the unused east side opened to homesteaders. The army agreed in 1857 to sell it in public auction, but local farmers, by mutual pact, underbid the property. The Secretary of War annulled the sale. In the meantime, however, many purchasers had begun to build homes and farm the land.
Ramsch ("junk") is not part of sanctioned Skat rules, but is widely practiced in hobbyist rounds, and is the variant most often suggested to be officially sanctioned. It is played if all three players pass in the bidding. There is no declarer in Ramsch; every player plays for himself, and the goal is to achieve as low a score as possible. The idea behind Ramsch is to punish players who underbid their hands.
Rather than build the four 1,200 GRT units as planned in the prospectus, British and American decided to make its first ship substantially bigger. The Scottish engineer, Robert Napier was originally designated to build British Queen's engine, but the contract was awarded to another firm that underbid Napier's price. Unfortunately, this other firm collapsed and Napier was finally given the contract. The delay cost British and American a critical 18 months while work on Great Western continued.
In 1985 George came out of retirement and founded the George A. Tomasso Construction Corporation in New Britain. The firm did little work until 1991 when it began a meteoric rise to be the largest road contractor in Connecticut by 1993. To corner the market the corporation aggressively underbid their competitors, often bidding well under state estimates for the work. Between 1991 and 1993 the Corporation was awarded a third of all state road, bridge, and highway construction contracts.
320x320px A reverse auction is a type of auction in which the traditional roles of buyer and seller are reversed. Thus, there is one buyer and many potential sellers. In an ordinary auction (also known as a 'forward auction'), buyers compete to obtain goods or services by offering increasingly higher prices. In contrast, in a reverse auction, the sellers compete to obtain business from the buyer and prices will typically decrease as the sellers underbid each other.
Nearly identical to the M4s, these cars were completed at Hornell, New York with body shells from Mafersa. Morrison Knudsen was the last American builder of railcars, and heavily underbid on contracts, including on this contract, to gain a large share of the market. Morrison Knudsen had almost no experience in the design of passenger railcars, and did not build a prototype for the M6. As a result, the first cars were rejected by Metro-North.
His steamers were sold off to new owners. In spite of there being no money from Bethune, and that the contract was clearly underbid, Pierce, Dumble and Hoar decided to continue construction using their own funds. This proved disastrous; the lock was set too high in the rock and could not be filled at low water in the summer, and even when water was available it leaked out faster than it filled. It remained useless for four years.
Needing to dispose of these arsenals—including over 100 million rounds of AK-47 ammunition—in accordance with NATO treaties, and unable to deal directly with the US, Girard offers to make the deal through AEY. Efraim agrees, despite David's discomfort at working with a man on a terrorist watchlist. The two go to Albania to test the ammunition and win the contract, though Efraim learns they severely underbid their competitors. Iz, frustrated with David's lies, leaves to live with her mother.
Chinese construction companies began making inroads in Egypt in the early 1980s, soon after the reform and opening up of China's economy; they were able to underbid local construction companies by importing labourers from China, despite high unemployment in Egypt. Chinese workers have a reputation for being skillful, diligent, and efficient. Dru C. Gladney states that the number of Chinese construction workers in Egypt peaked between 1985 and 1987, at about 10,000 people, but declined again to around 5,000 by 1992.
The West Second Street Bridge was engineered in 1919 by the Flint City Engineer's Office under a royalty agreement with Daniel B. Luten, where the bridge utilized Luten's patented arch design. The Illinois Bridge Company of Chicago, a licensee for Luten, provided design assistance. The city solicited bids to construct the bridge, and awarded the construction contract to Price Brothers Construction Company of Lansing, Michigan, which underbid the Illinois Bridge Company. Work started on the bridge in the summer of 1919, and was completed in early 1920.
Architect Anatole De Baudot was chosen to build the new church. Together he and engineer Paul Cottancin worked together to develop a new construction technique that would be strong, lightweight, and inexpensive to produce. Using reinforced concrete in his design allowed to Baudot to underbid his competitors and win the contract to build the church. Part of the decision to use reinforced concrete was the topography of the site where it was to be built, steeply sloping landscape on the side of the hill of Montmartre.
Having returned to Hollywood, Trumbull set up his own company and subsequently bid on the job to produce special effects for the science-fiction film The Andromeda Strain. ("I was a young guy and very naive", he later recalled, "And I seriously underbid the job – I had no idea what these things were supposed to cost. I nearly went bankrupt as a result!") Trumbull and associate James Shourt produced dozens of shots, including the "electron microscope" pictures of the Andromeda organism and various on-screen readouts.
Detailed design work began in November 1961, and the Model 1100 prototype made its maiden flight on 21 January 1963. Hiller produced a total of five copies of the Model 1100 to submit to the Army for the Test and Evaluation phase at Camp Rucker, Alabama in 1963. After the test and evaluation, the Bell YOH-4 was eliminated, and Hiller and Hughes competed in a program cost analysis bid for the contract. In 1965, Hiller was underbid by Hughes and the Army selected Hughes' YOH-6.
Frank Wesbook and Leonard Klinck toured the Okanagan, visiting orchards, packing houses, and horse and cattle ranches. Their trip took them through Salmon Arm, Vernon, Coldstream, Lumby, Kelona, Summerland and Penticton. In 1915 Klinck, Wesbrook, and Dean of Applied Science R. W. Brock, met with the Premier in Victoria to discuss the amount of provincial support for the envisioned institution. The skeleton of a science building was erected at Point Grey, but the contractor had underbid the costs and went bankrupt, leaving the building unfinished.
The terrain proved tough to excavate, and vastly underbid the project. Following the experience, Seely pursued a new idea: "a new navigable canal through the undeveloped area east of town and east of the new Miami Canal connecting the canal's Mad River feeder from near today's Wayne Avenue to the main line of the canal below town near the Fairgrounds hill." Much of the land Seely sought to purchase and plat was owned by Daniel Cooper and his estate. The Cooper estate sued, and a land ordeal followed.
In 2003, Rayovac decided to diversify, and acquired non- battery related businesses including Remington Products and United Pet Group. In 2004, Rayovac successfully underbid Energizer (Eveready) as RadioShack's battery supplier and produced the "Enercell" brand of battery sold exclusively at RadioShack. In January 2005, Rayovac purchased United Industries Corporation for about $476 million in cash and stock. Brands included in United Industries were Vigoro, Spectracide and Sta-Green lawn products, Cutter, Hot Shot and Repel insect control products and pet supply products with the Marineland, Perfecto, and Eight in One brands.
From an early age, he assisted his father and brother in their winter deliveries of the mail to isolated cabins in central Alaska. In winter, the family lived in Eagle and ran the mail route between that town and Circle, another small settlement approximately downriver. In the summer, the family lived at their Yukon River cabin, harvesting fish for subsistence and boarding the dogs of fellow mushers.HABS, p. 5 In 1938, the family were underbid for the main contract for mail delivery in the area by a bush pilot.
The group underbid the next highest bidder, James L. Dolan, in a complex deal arranged by consortium part-owner George Mitchell and MLB commissioner Bud Selig. Tom Werner served as executive chairman, Larry Lucchino served as president and CEO, and serving as vice chairman was Les Otten. Within 24 hours, Dan Duquette was fired as GM of the club on February 28, with former Angels GM Mike Port taking the interim helm for the 2002 season. A week later manager Joe Kerrigan was fired and replaced by Grady Little.
Since Edison specified a sealed globe of glass in his design Westinghouse found a way to sidestep the Edison patent by quickly developing a lamp with a ground glass stopper in one end, based on a Sawyer-Man "stopper" lamp patent they already had. The lamps worked well but were short lived, requiring a small army of workmen to constantly replace them. Westinghouse Electric had severely underbid the contract and struggled to supply all the equipment specified including twelve 1,000 horsepower single phase AC generators and all the lighting and other equipment required.
The University Bridge was originally planned to be of steel truss construction, much like the Traffic Bridge. Instead, a new design was used and Saskatoon saw the start of its first reinforced concrete arch bridge in 1913. Unfortunately the original contractor, R.J. Lecky, badly underbid on the tender, had problems with its concrete, and faced conflict of interest charges. One pier of the bridge had to be rebuilt and, due to the impact of the First World War on the global economy, the company went bankrupt and the provincial government had to finish building the bridge itself.
After a long bidding process, the Argentine Naval Commission found that the Newport News Shipbuilding and Drydock Company bid was lowest on one battleship, and the Fore River Shipbuilding Company was lowest on the other. Despite some possible setbacks, the upcoming 1910 Pan-American Conference, and a guarantee of American participation in the Argentine centennial celebrations, Fore River secured the battleship contracts on 21 January 1910.Livermore, "Battleship Diplomacy," 38. The maximum price Fore River tendered, $10.7 million, underbid the British by more than $973,000, but their ship's displacement was smaller, the belt armor was thinner, and the top speed was slightly slower.
The Secret Service learns that Maria Freudenstein, an employee known to be a double agent working for the Soviet Union, has just received a valuable item of jewelry crafted by Peter Carl Fabergé and is planning to auction it at Sotheby's. Bond suspects that the resident director of the KGB in London will attend the auction and underbid for the item, to drive the price up to the value needed to pay Maria for her services. Bond attends the auction, spots the man, and leaves to make arrangements for his expulsion from London as persona non grata.
Launch of USA-215 In 1999 the development contract for FIA was awarded to a Boeing team, which underbid Lockheed Martin's competing proposal by about US$1 billion (inflation adjusted US$ billion in ). By 2005, an estimated US$10 billion had been spent by the US government on FIA, including Boeing's accumulated cost overrun of US$4 to 5 billion, and it was estimated to have an accumulated cost of US$25 billion over the ensuing twenty years.Pae, Peter. "Massive Spy- Satellite Program to Cost Billions ", Los Angeles Times, March 18, 2001. Retrieved October 10, 2006.
The four-car units were taken into service in 2002. The ministry decided in the early 2000s to make the services on the Gjøvik Line subject to public service obligations, as a trial to privatize operation of all passenger train services in Norway. In the tender, NSB's subsidiary, NSB Anbud (since renamed NSB Gjøvikbanen) won the ten-year contract, after having underbid Veolia Transport Norge and DSB. Nine Class 69 trains were upgraded and designated 69G and will operate until 2015 on the Gjøvik Line. Because of a cabinet change in 2005, the PSO contracting was terminated.
Paul "Legs" DiCocco Sr. (June 20, 1924 – July 30, 1989) was an Italian Upstate New York reputed racketeer and associate of mobster Carmine Galante who was involved in illegal gambling and also owned restaurants and construction companies. A longtime gambler with numerous minor convictions for illegal gambling, DiCocco was connected to New York's underworld. He also controlled racketeering and other criminal activities with Carmine Galante in Montreal, Canada. DiCocco also had contacts in New York's labor unions; he and Nicholas Robilotto, President of Teamsters Local #294 in Albany, New York were eventually investigated for conspiring to underbid rival construction companies.
Players vie or vye by stating how high a hand they are claiming to have, and may bluff by overstating it. What they apparently must not do is to underbid their hands; for as Cardano puts it: "If anyone wins with the greatest point, he is obliged to show another card; otherwise he loses his deposit because he could have a 'Flush'... Similarly, if he 'vies' on the basis of point, he is obliged to show two different cards and one of a matching suit, so that no one may suspect him of having a 'Flush' or 'Prime'."King Henry VIII - All is true. John Fletcher, Gordan McMullan, pg.
After cabotage was abolished in 1994, international shipping lines became able to undertake coastal shipping as opportune to them on their international routes to New Zealand. While reducing the cargo reshipment rates for New Zealand industry, this is seen by some as a heavy blow for local competitors, who, specialised in coastal shipping only, are less able to achieve the costs savings of large lines – these can generally operate profitably even without cargo on New Zealand-internal legs of their routes, and are thus able to underbid others. The law change has been accused of having turned the New Zealand business into a 'sunset industry' which will eventually die out.
He worked at a curtain factory before landing a job as an estimator for a general contractor. Noticing that most contractors turned down work on the New York waterfront because it was difficult and dirty work, he started his own firm and was able to underbid the few competitors he had. After winning and successfully completing many jobs, his reputation allowed him to win larger projects around the city and then nationally. By 1956, his contracting company was one of the ten largest in the United States. In 1956, after falling in love with Florida on a business trip, he sold his contracting company and moved to Miami.
After the opening bid, contestants bid on the item in turn with each successive bid a certain amount higher than the previous bid. A contestant could freeze his/her current bid instead of increasing it if he/she believed his/her bid was close enough to win. A later rule allowed contestants, on their opening bid only, to "underbid" the other bids, but this automatically froze their bid and prevented them from later increasing the original bid. Some rounds were designated as "one-bid" rounds, where only one round of bidding was held (this is the format used on the current version of The Price is Right); sometimes the minimum-bid and higher-bid threshold rules also were waived.
In November 2011, suffering from the dual blows of high loan repayment costs associated with the opening of its $8 million Samoa Processing Facility and loss of its processing agreement with Humboldt Waste Management Authority (HWMA) by being underbid by an outside company, an announcement was made by the RCRC's governing Board of Directors that the operations of the Arcata Community Recycling Center and its Samoa facility was to be terminated in January 2012.Hank Sims, "The Arcata Community Recycling Center is Dead," Lost Coast Outpost, Nov. 1, 2011. An effort was made for the Samoa facility to continue through a lease to the HWMA, but this effort ended in failure when no agreement between the two parties could be reached.
Others, however, continued to lobby parliament not to do so, and a new syndicate had formed, offering to take on funding of the latest loan required by government. The Bank responded by dropping its interest rate to underbid the competition, and succeeded in renewing its charter until 1732, with more strictly drawn terms to prevent others operating as banks. Further complications faced the Sword Blade company, as title to land in Ireland began to be disputed by relatives of dispossessed Jacobites and others claiming to have bought from the initial beneficiaries of the first cancelled land distribution. The matter was settled by an act of parliament in 1708 setting a time limit on further claims, but by then the company stock had fallen to £55 per nominal £100 issued.
Extensions of this armistice would be agreed upon over the course of the next three years. During this peace, which was to last until 1625, the king worked further in reforming Sweden's military establishment, among which a regular army of 80,000 was settled upon, in addition to an equally great force for the National Guard. During this time, irregular support had been provided by the Protestant (and non-Protestant) powers of Europe (Kingdom of England, the Dutch Republic) for the Protestant cause in Germany. Both Sweden and Denmark sought to receive aid in order to bring a powerful nation into the German conflict proper, but the terms on which Gustavus proposed had some very definite clauses, and as Christian of Denmark effectively underbid him, support was provided to him.
Neoplan USA president Robert Lee pledged to repair the buses at the company's expense, saying it was a minor repair that did not create safety problems. Fairfax County Supervisor Joseph Alexander, a member of the Metro Board, criticized the Neoplan bus purchases back in 1983, stating Neoplan buses were frequently defective and that other transit systems had filed complaints. Neoplan won the bid for Metro because they had underbid General Motors, a competing bus manufacturer, by $275,000. Metro officials were also given tours by Neoplan of their manufacturing facilities and were convinced to buy the buses afterwards. In March 1985, Neoplan followed the recommendations of the NHTSA in 1984 and recalled all 2,000 buses in service nationwide, because of the widespread problem of cracks in the suspension systems and electrical problems.
After diplomatic protests, this was modified slightly; the original bids were kept, but alterations to attempt to conform to the new desired characteristics were allowed.Livermore, "Battleship Diplomacy," 37. Rivadavias launch, 16 August 1911. The commission found that the Newport News Shipbuilding and Drydock Company bid was lowest on one battleship, and the Fore River Shipbuilding Company was lowest on the other. Despite a British attempt to allow the Armstrong Whitworth-Vickers team to lower their price by $570,000, prompt American diplomacy granting various assurances regarding recent events between the United States and Brazil, the upcoming 1910 Pan-American Conference, and a guarantee of American participation in the Argentine centennial celebrations secured the battleship contracts for Fore River on 21 January 1910.Livermore, "Battleship Diplomacy," 38. The maximum price Fore River tendered, $10.7 million, underbid the British by more than $973,000, but their ship's displacement was smaller, the belt armor was thinner, and the top speed was slightly lower.Alger, "Professional Notes," 595.
He emphasized that ND's small size was an advantage, as it allowed quicker production of newer and thus faster computers.Heradstveit: 87 The company decided to participate with eighty-seven other suppliers to win a contract with the European Organization for Nuclear Research (CERN) for its accelerator.Heradstveit: 93 The first tender was unsuccessful, but a delegation from CERN visited all the European manufacturers, largely out of courtesy as they had a long history of choosing American suppliers.Heradstveit: 92 ND chose to only demonstrate the computer from a terminal, rather than display the hardware.Steine: 31 Twin Nord-10 unit ND bid sixty percent lower than the prototype supplyer, Digital Equipment Corporation, and ND was only underbid by three manufacturers, all which were found to not meet their technical criteria by CERN.Heradstveit: 94 A decision was taken by CERN's technical committee on 19 September 1972, in which German and French interest failed to get their technically disqualified and higher priced Mitra and Dietz computers selected.
These stopgaps were slowly replaced as older systems were retired or upgraded. In May 1892 Westinghouse Electric managed to underbid General Electric on the contract to electrify the World's Columbian Exposition in Chicago and, although they made no profit, their demonstration of a safe and effective highly flexible universal alternating current system powering all of the disparate electrical systems at the Exposition led to them winning the bid at the end of that year to build an AC power station at Niagara Falls. General Electric was awarded contracts to build AC transmission lines and transformers in that project and further bids at Niagara were split with GE who were quickly catching up in the AC field due partly to Charles Proteus Steinmetz, a Prussian mathematician who was the first person to fully understand AC power from a solid mathematical standpoint. General Electric hired many talented new engineers to improve its design of transformers, generators, motors and other apparatus.
The Sunday Times said that three of Hirst's business colleagues, with an interest in ensuring his work maintained a high value, had "propped up" the sale prices, making between them purchases or bids which totalled over half of the £70.5 million spent on the "crucial" initial sale day: Jay Jopling won the first lot at twice the estimate with a bid just short of £1 million, and was a high bidder on The Kingdom; his White Cube gallery was the underbidder on lots which reached an estimated £20 million. Hirst's dealer in the United States, Larry Gagosian won one lot at £880,000, and made the second highest bid for another lot which sold for £10.3 million. Harry Blain, a co-founder of the Haunch of Venison gallery which trades in Hirst's art, underbid on two items and won two, including a cabinet at £1.3 million. The White Cube and Gagosian declined to discuss their motivations for bidding; Blain said that bids were entered on behalf of clients wishing to acquire the work.
It was explained that the legal advertising for the City of Hollywood (which was then independent from Los Angeles) had to be published in a daily newspaper, so both journals were switching from weekly to daily publication in order to bid on the contract. The Los Angeles Herald commented that each paper would try to underbid the other for the city's advertising"Hollywood to Have Two Daily Papers," Los Angeles Herald, June 13, 1909, image 11 and that "The fight, which promises to be a hot one, will result in the city's printing being done at a greatly reduced figure, probably below cost, and in forcing the losing paper to the wall." In 1909, the Sentinel office was the scene of a fist fight occasioned by the refusal of editor Herbert F. Clark to print the poetry of W.D. Cowley unless it were paid for as advertising. Cowley, who was the caretaker at the home of Los Angeles Times publisher Harrison Gray Otis, refused to do so, and Clark thereupon wrote a column "casting reflections upon the character of Cowley's poetry," according to a report in the Tacoma (Washington) Times.

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