Bidding activities will produce certain transaction costs. For bidders, in order to get the bidding opportunity, they will organize relevant personnel to collect and analyze the procurement information, which will lead to transportation, accommodation, personnel salary, or need to pay consulting fees and information fees to intermediary agencies; In the process of bidding, it is necessary to purchase bidding documents, make bidding documents, organize on-site reconnaissance, pay bid bond and participate in bidding.
These activities will also generate transportation, accommodation, personnel salaries, printing fees, consulting fees and other expenses.
The above fees are collectively referred to as bidding fees.