Introduction
This paper will discuss the two major forms procurement that is involved in construction procurement process. These two major types of construction procurement process are bidding and shopping. This paper will highlight the disparities between the two types of construction procurement process as well as provide the reader with a proper understanding of the aspects that are attributable to the two processes.
Bidding in the construction procurement process
Bidding is the process of offering to procure an item or items at a price being offered by a bidder. In the bidding process, an individual that places the highest bid normally buys the item. However, in some bidding processes ...