Characteristics of bidding and bidding from Germany to Hong Kong (3)
Bidding and bidding are different from general import and export trade. In this way, the parties do not have to negotiate through the transaction, and there is no room for bargaining, but each bidder is invited to take a one-time submission method.
Whether a bidder wins the bid depends mainly on whether the bid price is competitive. Therefore, in this way, the competition between bidders is very fierce, while the tenderer is in a more active position.
Bidding and bidding business is a form of auction. Generally speaking, the seller ’s competition is beneficial to the buyer, so that it can have more comparisons and choices for the supply source from Germany to Hong Kong. In the case of fierce competition, the buyer can also purchase the required materials at a more favorable price. This is also one of the reasons why the bidding method is widely used in the procurement of bulk materials.
(4) Basic procedures for bidding and bidding
The bidding procedures carried out by all countries in the world are basically the same, usually in accordance with the relevant laws and customs of the country where the bidder is located. A specific bidding usually goes through four stages: bidding, bidding, bid evaluation, and contract signing. Unlike other trade practices, it requires repeated negotiations and consultations. Once bidders bid, they are either selected or eliminated, which is basically a one-off fixed order transaction. Of course, if the tenderer believes that all bids do not meet the requirements, it can also declare the bidding invalid and another German to Hong Kong bank to organize a bidding event.