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The provision that the duration of the announcement of the successful tender is one working day means that the time limit for the announcement of the successful tender result is one working day after the conclusion of the tendering activities.

I. Importance of the duration of the announcement of the winning bid

The setting of the duration of the announcement of the winning bid firstly reflects the principles of justice, fairness and openness of the bidding activities. By timely announcing the winning results, it can ensure that all participants have a clear understanding of the bidding process and avoid unnecessary suspicions and disputes. At the same time, the time limit of 1 working day also helps to improve the efficiency of the tender, so that the successful bidder can enter the contract fulfillment stage as soon as possible to promote the smooth progress of the project.

Two, the actual operation of the deadline for the announcement of the winning bid

In practice, the bidder shall complete the review and confirmation of the results of the winning bid within the stipulated time, and notify the successful bidder and other participants of the results of the winning bid before the commencement of the deadline for the announcement of the winning bid. The winning announcement shall contain key information such as the name of the winning bidder, the amount of the winning bid, and the content of the winning project, so as to enable all parties to understand the status of the winning bid. At the same time, the bidder shall also ensure that the publication channel of the winning announcement is smooth so that all relevant parties can obtain the winning information in a timely manner.

Third, the consequences of violating the provisions of the deadline for the announcement of the winning bid

If the bidder fails to announce the results of the winning bid within the stipulated deadline for the announcement of the winning bid, the bidder may face legal liabilities and reputational damage. On the one hand, the relevant authorities may penalize the bidder in order to maintain the order and fairness of the bidding market; on the other hand, the failure to announce the winning result in time may lead to the damage of the rights and interests of the winning bidder and other participants, which may in turn lead to disputes and litigations.

In summary:

The requirement that the period of announcement of the successful tender is one working day is an important system in tendering activities, aiming to safeguard the transparency and efficiency of the tendering process. Bidders should strictly abide by this provision to ensure the timely announcement of the winning results and safeguard the rights and interests of all parties. At the same time, the relevant departments should also strengthen the supervision of bidding activities to ensure that the bidding activities are fair, just and open.

Legal basis:

The People's Republic of China*** and the State Bidding Law

Article 45 stipulates:

After the winning bidder is determined, the bidder shall issue a notification of the winning bid to the winning bidder and at the same time notify all unsuccessful bidders of the result of the winning bid.

The notice of award shall have legal effect on the bidder and the successful bidder. If the bidder changes the winning result after the notice of award is issued, or if the winning bidder abandons the winning project, it shall bear legal responsibility according to law.

Regulations on the Implementation of the Law of the People's Republic of China on Bidding and Tendering

Article 54 stipulates that:

For items that must be tendered according to law, the bidder shall publicize the winning candidate within three days from the date of receipt of the report on the evaluation of bids, and the period of publicity shall not be less than three days.

Bidders or other interested parties who have objections to the results of the bid evaluation of the project for which bidding is required by law shall raise their objections during the period of publicity of the successful candidates. The bidder shall respond within 3 days from the date of receipt of the objection; before responding, the bidding and tendering activities shall be suspended.