Sealed bidding promotes fair and transparent procurement processes and significantly decreases the opportunity for collusion on high-stakes projects.
This introductory guide will walk you through the sealed bidding process and answer these questions:
- What is sealed bidding?
- What are the benefits of sealed bidding?
- What is the difference between one-step and two-step sealed bidding?
- How can technology improve the sealed bid process?
- Is sealed bidding right for you?