招标 (zhāo biāo) — to invite bids, to call for tenders
Definition
Business/legal term for a buyer publicly inviting companies to submit competing bids for a project. Compared with 投标 (submitting a bid), 招标 is the buyer's side — issuing the invitation, not responding to one.
verb
to invite bidsto call for tenders
Examples
- 招标。Gōng sī zhèng zài zhāo biāo xīn de xiàng mù.The company is inviting bids for a new project.
- 招标。Tā men jué dìng zhāo biāo zhè ge gōng chéng.They decided to call for tenders for this project.
- 。Wǒ men gōng sī qù nián zhāo guò liǎng cì biāo.Our company called for tenders twice last year.
Appears in
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