"Bidder" means a person who desires to make a proposal on procurement. (See "Qualified Bidder" and "Responsive Bidder"). 2.The process typically requires 120-160 days to complete (from publication of solicitation to final Supplier Contract or Purchase order). Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale. An expensed asset is an asset for which the entire cost is deducted from income in the year of purchase. For a new account, the county assessor should complete the following procedures: 1. Assign a taxpayer account number. 2. The investment policy applies to all financial assets on deposit with and under the authority and control of the County Treasurer. In a stock purchase transaction, the buyer ("Buyer") purchases all or a substantial portion.