招投标 (zhāo tóu biāo) — (noun) the process of inviting and submitting bids; bidding; (noun) auction

Definition

A formal/business term for the tendering process: inviting bids (招标) and submitting them (投标), as in government or construction projects. It is a set phrase covering the full procedure, not a single event.

noun
the process of inviting and submitting bidsbiddingauction

Examples

  • 招投标
    Zhè ge xiàng mù zhèng zài gōng kāi zhāo tóu biāo.
    This project is currently undergoing open bidding.
  • 招投标
    Tā men gōng sī zhòng biāo le nà ge zhāo tóu biāo.
    Their company won the bid for that tender.
  • 招投标
    zhāo tóu biāo Guò chéng xū yào yán gé bǎo mì.
    The bidding process needs to be strictly confidential.
Appears in

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