In layman's terms, tendering is a commodity trading behavior, is a market trading activities. Through the application of technology, economic methods and the role of the competition mechanism of the market economy, organized to carry out a merit-based approach. The essence is to obtain the best goods, works and services at a lower price.
Since it is a commodity transaction, then there are buyers and sellers, as the saying goes, there is a buyer to sell, the buyer refers to the bidding party, the seller is the bidding party, buying and selling this behavior itself is bidding.
Two, inquiry
Inquiry is one of the legal way of government procurement, refers to the purchaser to the supplier concerned to issue a request for quotation to let its quotation, on the basis of the quotation to compare and determine the optimal supplier of a procurement method.
For government procurement, open tendering is the main method used in government procurement, but the use of request for quotation is also relatively high.
Request for quotations is mostly used to purchase the price of goods, standardized, spot supply and price changes in small government procurement projects.