Introduction to the significance of the Tendering and Bidding Law?

What is the significance of the Tendering and Bidding Law?

1. What is the Bidding Law:

The Bidding Law is the general term for the legal norms used by the state to regulate bidding activities and adjust various relationships arising in the bidding process. .

2. Basic principles of the Bidding and Bidding Law:

The basic principles of the Bidding and Bidding Law include the principle of content disclosure, the principle of fairness, the principle of impartiality, and the principle of good faith.

3. Significance of the Tendering and Bidding Law:

In order to give full play to the positive role of tendering and bidding in investment and construction and prevent private transactions and black box operations, the "Tendering and Bidding Law" clearly stipulates mandatory The bidding system requires large-scale infrastructure, public utilities and other projects related to social public interests and public safety, projects that use all or part of state-owned capital investment or state financing, projects that use loans and aid funds from international organizations or foreign governments, Its survey, design, construction, supervision, and the procurement of important equipment and materials related to project construction; other projects that require bidding according to laws or regulations of the State Council must be conducted in accordance with the law.

At the same time, the "Tendering and Bidding Law" also stipulates two tendering methods: open, transparent, competitive and open invitation, excluding the usual one-on-one negotiation method in a closed state. outside of the tendering process. Since state-owned enterprises are the main construction units of these projects, it is foreseeable that with the determination and implementation of the compulsory bidding scope and the two bidding methods in the "Tendering and Bidding Law", it will definitely bring benefits to enterprises and the country while ensuring the quality of construction projects. Come to more and better efficiency

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