Next, the phase of presentation of verbal bids to be proposed by the accredited representatives of the classified bidders will be initiated. Such v...

Next, the phase of presentation of verbal bids to be proposed by the accredited representatives of the classified bidders will be initiated. Such verbal bids must be formulated successively, in distinct and decreasing values, reasonably, and the value of the first verbal bid must be lower than the value of the lowest written proposal offered;