The construction company wanted the contract badly and lowballed.
Examples of lowball
lowball
But many Realtors also complain that lowball appraisals are hurting home sales.
From the ocregister.com
They don't want to haggle with potential buyers coming in with lowball prices.
From the charlotteobserver.com
If a neighbor accepts a lowball offer, the value of his property might be damaged.
From the bloomberg.com
They don't want to haggle with potential buyers coming in with lowball offers.
From the washingtonpost.com
As the Heritage report notes, these calculations almost always lowball the numbers.
From the washingtontimes.com
If I were an investor interested in that property, I would make you a lowball offer.
From the washingtonpost.com
He took a lowball offer of $700,000 and now he should get a multi-year deal.
From the usatoday.com
Two glazed doughnuts weigh in at 520 calories, and that's a lowball figure.
From the sacbee.com
Then they made lowball offers with deadlines attached, and struck out time and again.
From the sportsillustrated.cnn.com
More examples
Make a deliberately low estimate; "The construction company wanted the contract badly and lowballed"
Some forms of poker, often called lowball, sometimes called low poker, reward poor poker hands (in the traditional sense). There are four common variations on this idea, differing in whether aces are treated as high cards or low cards, and whether or not straights and flushes are used. ...
The position of the ball on an American railroad ball signal that indicated Stop; A form of poker in which the lowest-ranking poker hand wins the pot. ...
A short drink made of spirits served with ice, water or soda in a small glass.
An estimate of moving costs that is purposely estimated low in order to secure a sale from the customer.
A poker game played for low only.
Refers to a very low offer to buy a vehicle or as a trade in value.
Is an unrealistically low price that the salesperson gives the customer before the customer leaves to shop price at another dealer.
A car sales practice of stating a very low price for a new car to a customer who is known or expected to be comparison shopping or calling over the phone. ...