What is Bidding definition/concept/elaboration

We call bidding when the administrative procedure of a public agency requires works, services or goods from a private sector. Thus, the process usually consists of an announcement through the Official Gazette that refers to the details of the event, previously evaluated by different candidates. Bidding is a customary procedure where the State contracts private companies and seeks to be as transparent as possible, as it tries to avoid possible acts of corruption with public funds.

The public agency that wishes to bid for some type of work must issue documents explaining the needs and conditions to be met. The various private entities that wish to accept this offer, on the other hand, need to justify their interest by presenting the requested documentation. In this case, the different offers are evaluated and, after a prudent period of time, a contract is awarded with the company considered to be the most  competent. This award is made by the same body that needs private assistance and, as mentioned above, must make clear the conditions agreed through an official medium such as a bulletin. Bidding

There are different types of contracts that can be assigned depending on the required activities. Thus, it is possible to award public works, concession of public services, supplier contracts, collaboration contracts in any area between the public and private sector, service contract, etc.

There are some guidelines to follow to ensure that the process is as efficient and correct as possible. In the first place , from a starting point, any request made by a state agency to a private entity should be through a tender. Based on this principle, tenders must guarantee maximum efficiency with regard to the economic plan; avoid establishing barriers to entry; be as transparent as possible; provide information that is accessible to the population ; and finally, to be exempt from discretion on the part of the civil authority. Bidding

A public bidding is intended to provide clear guarantees that no act of corruption is carried out by the State. In fact, despite these regulations and security measures, it is common for activities to be carried out against the law, usually when an official with political power awards bids to personalities involved in financing partisan activities.

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