Can property bidding documents limit the scope of quotation?

Buyers can set the highest price, but not the lowest price.

If the range of quotation is set, it is equivalent to setting the highest price and the lowest price for quotation. Buyers can set the highest price, but not the lowest price.

Legal basis:

Article 12 of the Measures for the Administration of Bidding for Government Procurement of Goods and Services (Order No.87 of the Ministry of Finance) According to the price calculation, the purchaser may reasonably set the maximum price within the procurement budget, but may not set the minimum price.