How is the bidding process generally structured?

The structure of the bidding process typically involves several key stages: the invitation to bid, evaluation of submitted bids, and the awarding of contracts.

Initially, an invitation to bid is issued to potential contractors, which outlines the project details, specifications, and expectations. Contractors then prepare and submit their bids, often based on the information provided. Once the bids are collected, they undergo a thorough evaluation process where the project owner reviews the submissions based on criteria like price, qualifications, experience, and compliance with project requirements. This evaluation helps identify the most suitable contractor for the project.

Finally, after careful consideration, the awarding of the contract takes place, signifying that the selected contractor is officially chosen to undertake the project. This structured approach ensures transparency, accountability, and fairness in selecting a contractor, leading to a more effective and successful project outcome.

The other options lack the comprehensive nature of the bidding process as outlined. Some, like submission of bids only, merely focus on a single aspect of the entire procedure. Others, such as site assessment and project planning or direct negotiation with contractors, describe different processes that are not typically part of the formal bidding structure.