The meaning of OUTBID is to make a higher bid than : to offer more than. How to use outbid in a sentence.Your Bid may be considered non-responsive if your Surety uses a different Bid Bond form. The notice of upset bid shall: (1). State the name, address, and telephone number of the upset bidder;. (2). The bidder shall fill in the Form of Proposal as follows: a. This form must be attached to your bid. • Ensure that all minority businesses are listed and that you have fully completed each area of the form. There are two methods to foreclose a tax lien. If you elect to not bid, please complete and return the "No Proposal Response Form.