The process for bidding in the public sector is generally similar to the private sector,although there are a few important differences.

Public Sector

The part of the economy that is controlled by the government, encompassing public services and enterprises.

Private Sector

The part of the economy that is owned and operated by individuals and companies for profit, not controlled by the state.

Bidding

The act of offering a specific price for something, especially in the context of an auction or public sale.