Search results for keyword: bidder
Estimated budget for construction and installation works
Estimating Quota for Building Installation Engineering
Building installation engineering refers to the whole process of building installation engineering, including the engineering design, layout of equipment, engineering construction, material procurement, quality acceptance and commissioning. A......
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bidding
Security and Privacy Implications of Current Cloud Computing
Cloud computing is a recent technological advance that has revolutionized the way businesses and individuals store and access data. The use of cloud computing, or the storage and processing of data in the “cloud, is advantageous becaus......
auctions
Auctions have become an integral part of the global economy. In many countries, auctions are used to sell goods and services, ranging from automobiles and real estate to industrial and agricultural products. This article will explain the fundamentals of an auction and how it works.
An auction is ......
invalid auction
Many people are familiar with the concept of an auction. It’s a way of both buying and selling goods, often at a much lower price than the market rate. Whether it’s a local auction house, online auction sites or even the eBay platform, auction is a great way to get a good deal.
But what happens......
"Tendering and Bidding Law of the People's Republic of China"
The Peoples Republic of China Bidding and Tendering Law
The Peoples Republic of China Bidding and Tendering Law, which came into effect on March 1, 1995, is intended to promote fair competition in the bidding and tendering process and ensure a smooth, efficient and effective tendering environment......
"Government Procurement Law of the People's Republic of China"
PEOPLE’S REPUBLIC OF CHINA GOVERNMENT PROCUREMENT LAW
The Peoples Republic of China Government Procurement Law was approved by the 29th Meeting of the Standing Committee of the National People’s Congress (NPC) on April 10, 2002. It was issued by the General Office of the NPC Standing Committee ......
Price Comparison Purchasing
Bidding for procurement
Procurement is all about getting the best deal possible for any goods or services.Bidding is one of the most common methods used by buyers to select a supplier. This particularly applies in procurement, because bidders are competing on price and the lowest price usually wi......
Bid review
Topic: Banking Business
In the current age of technology-driven banking, financial institutions are increasingly turning to innovative solutions to make their business operations cheaper, faster, and more efficient. The most successful banks are those that are able to streamline their services an......
hostile takeover
Malicious Takeover
Malicious takeovers refer to the scenario where a company is taken over by hostile forces, usually a much larger competitor, with the intention of causing considerable damage to the smaller company. The goal of this type of takeover is to gain control of the company’s assets a......
closed auction
Closed auction is a type of auction that is held behind closed doors and is not accessible to the public. This type of auction typically happens when the seller wishes to maximize the price of their item, such as when a valuable item or rare item is being sold. This type of auction is often used a......
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