Currently, wire and cable bidding is a commonplace mode of transaction. The tender has a detailed business part and technical part of the requirements. Bidders in the production of tenders, must respond to each of these requirements in detail.

　　In order to prevent the occurrence of waste, bidders have to be to understand the following tender price terms in advance:

　　Barrier Price

　　Barrier price is the bidder is the total price of the project's highest limit standards, requiring the bidder's bid can not exceed it, otherwise the bid is canceled. Stopping price can be divided into express stopping price (in the form of text openly tell each bidder) and implied stopping price (announced at the time of bid opening). Implied stop price plays the role of the bottom of the bidding, must be the same as the bottom of the bidding, must be kept confidential before the opening of the bid, otherwise it will be illegal. Explicit stop price plays the role of bidding control price, must be published in accordance with the regulations, otherwise it will be illegal.

　　Control price

　　Bidding control price is the bidder of the tender works limited to the highest construction cost. The implementation of the bill of quantities bidding construction projects should be prepared bidding control price. Bidding control price is the bidder in the project bidding can accept the bidder's offer of the maximum limit price, is the bottom line of the bidder, can not be broken, otherwise the bid is canceled. The bidding control price shall be truthfully announced in the bidding documents and shall not be adjusted upward or downward. If the bidder finds the bidding control price is wrong after review, he may complain to the bidding supervisory organization or the cost management organization within 5 days before the opening of the bidding, and the bidding supervisory organization and the cost management organization shall instruct the bidder to revise the bidding price if it is found to be true.

　　Base price

　　The bidding bottom is by the bidder is the bidder expects the most ideal price, but can only be used as a reference for evaluating bids, not as a condition for rejecting bids. The bidding bottom is the bidder's top secret information, must be confidential before the opening of the bid, but should be announced at the opening of the bid.

　　In the case where the bidder does not set a block price or tender control price, the bidder may, on the basis of grasping the market dynamics and analyzing the competitors, make necessary adjustments to the price quoted with a view to obtaining a more desirable bidding result.