Bidding refers to the behavior that the tenderee (buyer) issues a tender notice or tender sheet in advance, puts forward the name and parts of the goods purchased at the specified time and place, and invites bidders (sellers) to participate in bidding.

1. Bidding is an act of inviting manufacturers who are willing to contract or trade a certain project construction or commodity sales to bid for contractors or dealers.

2. Bidding is a kind of market transaction behavior in which the conditions and requirements for purchasing goods, projects or services are disclosed within a certain range, many bidders are invited to participate in bidding, and the trading objects are selected according to the prescribed procedures.

Extended data:

1. If the tenderer adopts public bidding, it shall issue a tender announcement. The tender announcement of a project subject to tender according to law shall be published through newspapers, information networks or other media designated by the state.

2. The tenderer shall not disclose to others the names and quantities of potential bidders who have obtained the tender documents and other tender information that may affect fair competition.

3. The tenderee has the right to choose the tendering agency and entrust it to handle the bidding matters. No unit or individual may designate a tendering agency for the tenderee in any way.

4. Invitation to bid means that a tenderer invites a specific legal person or other organization to bid in the form of an invitation to bid. Open tender means that the tenderer invites unspecified legal persons or other organizations to bid by means of tender announcement.

References:

Baidu encyclopedia _ bidding Baidu encyclopedia _ bidding method