What are the methods of bidding for international projects

I. Competitive bidding (international competitive bidding, ICB)

The bidder invites several or even dozens of bidders to participate in the bidding, through the majority of bidders to compete, choose the most favorable bidder into the transaction, which belongs to the way to sell.

International competitive bidding, there are two practices:

1. open bidding. Open bidding is a kind of unlimited competitive bidding (nlimited competitive). When this practice, the bidder in the domestic and foreign major newspapers and magazines to advertise the bidding, where the bidding content is interested in the people have the opportunity to buy bidding information for bidding.

2. Selective bidding (selected bidding). Selective bidding, also known as invitation to tender, it is limited competitive bidding (limited competitive bidding). The use of a kind of practice, the bidder does not advertise in the press, but according to their specific business relations and intelligence information by the bidder to invite businessmen, pre-qualification, and then by them to bid.

II. Negotiated bidding (negotiated bidding)

Negotiated bidding, also known as negotiated bidding, it is non-public, is a non-competitive bidding. This kind of bidding by the bidder to identify a few customers directly with the negotiations, the negotiations were successful, the deal was reached.

Three. Two-stage bidding (two-stage bidding)

Two-stage bidding refers to the unlimited competitive bidding Unlimited Competitive Bidding and limited competitive bidding limited competitive bidding of the integrated approach, the use of such a way, it is to use the public bidding, and then select the bidding in two stages. The government is also using a two-stage process.

Government procurement of materials, most of the use of competitive open bidding.

PS Sealed bids Limited competitive bidding (invitational bidding), shall be directed to potential bidders to issue an invitation to vote