rebid

[verb ree-bid; noun ree-bid]

verb (used with object), re·bid, re·bid·ding.

Bridge. to make a second bid in (a suit that one bid previously): He opened a spade and then rebid spades on the three level.
to submit again for bids, as a work contract or project: The state rebid the proposed road because the original bids were too high.

verb (used without object), re·bid, re·bid·ding.

Bridge. to make a second bid: He had enough points to open the bidding but not enough to rebid after his partner's pass.

noun

Origin of rebid

First recorded in 1920–25; re- + bid¹

Treasury agreed to rebid the deal, then quietly extended its partnership with Comerica for five years.
Megabanks Have The Federal Prison System Locked Up
Center for Public Integrity
October 2, 2014