What is the difference between bidding and tendering

1, bidding is a tender bidding terminology, refers to the bidder (seller) should be invited by the bidder, in accordance with the conditions set out in the tender notice or tender order, within the specified period of time, to the bidder to hand over the behavior of the disk.

At present, most national government agencies and public utilities purchase equipment, materials and daily necessities through bidding. In resource exploration, development of mineral deposits or investment in the construction of engineering projects, also often use the tender.

2, bidding is a bidding industry term, refers to the bidder (buyer) beforehand issued a tender notice or bidding list, variety, quantity and relevant trading conditions proposed at the specified time, place, ready to buy the name of the commodity, pieces, invite bidders (sellers) to participate in the bidding behavior.

Extended information:

Tendering compared with the general mode of transaction, the following three main features

1, bidding is by the bidding enterprises in accordance with the conditions proposed by the bidder, a one-time price transaction trade mode, the two sides do not need to carry out repeated consultations.

2, bidding is a kind of competitive trade.

3, the tender is carried out at a specified time and a specified place, and set out some specific conditions in advance, therefore, the bidding must be carried out in accordance with its conditions, such as does not meet the conditions, it will be difficult to win the bid.

Engineering bids are usually divided into three parts: technical bids, commercial bids and qualification documents.

1, the technical bid: mainly to reflect the construction organization design, that is, the bidding of the main construction process, technical specifications. When evaluating bids, the technical bid generally accounted for 30%.

2, business bid: the main part of the budget offer, that is, combined with their own and external conditions of the cost of the entire project offer. Business bid is the top priority of the entire bidding, bid evaluation, business bid generally accounted for 70%.

3, qualification documents: is to enterprise, personnel, machinery and other related qualification requirements. Qualification documents are mainly to review the company has no bidding, winning and completing certain projects qualifications.

Baidu Encyclopedia - Tendering

Baidu Encyclopedia - Bidding