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What are the procedures for property management bidding?
Legal analysis: There are three ways of property management bidding: public bidding, invitation bidding and negotiation bidding.
Legal basis: Article 10 of the Bidding Law of People's Republic of China (PRC) is divided into open bidding and invitation bidding.
Open tender means that the tenderer invites unspecified legal persons or other organizations to bid by means of tender announcement.
Invitation to bid means that a tenderer invites a specific legal person or other organization to bid in the form of an invitation to bid.
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