In bidding, we come across the situation of "withdrawing" and "withdrawing" bids, which are two different concepts.
Let's explain these two concepts first, revocation refers to the tender within the validity period of the tender after the deadline for submitting the bid documents, the bidder withdraws its bid documents within the validity period of the bid, the tenderer and the bidder are bound at this time, and the revocation should bear the corresponding legal responsibility, that is, the tenderer has the right not to return its bid deposit.
Withdrawal means that before the deadline for submitting the bid documents, the bid documents have not been bound to both the tenderer and the bidder, so the bidder has the right to withdraw the bid documents submitted at any time, and can claim to return the bid deposit, without bearing any legal responsibility.
The difference between the two can be seen from the above concepts:
When: The revocation occurs during the validity period of the bid, usually from the date of the deadline for submission of the tender documents. The withdrawal of tender documents is carried out before the deadline for submission of tender documents.
Deposit: If the bid documents are revoked within the validity period of the bid, the purchaser or the procurement agency may not return the bid deposit. If the tender documents are withdrawn before the deadline for submission of the tender documents, the bid bond will be refunded as normal.
Implementation: Revocation is the bidder's decision to revoke in accordance with the law and bear the corresponding legal responsibility. The withdrawal is that the bidder determines whether to withdraw, if necessary, the corresponding notice will be sent to the tenderer before the bidding deadline specified in the bidding documents.
Risk: The consequence of revocation is that the bidder may face the risk of non-refundable bid deposits, and other legal liabilities. Withdrawals are not at risk.
In short, the bidding in the "Contract Law" is a kind of "offer", the tenderer issued a notice of winning the bid is equivalent to a "commitment", in the bidding and bidding activities, the "offer" is a statutory validity period, that is, the validity period of the bid, from the deadline for submitting the bid documents to the expiration of the validity period, which is consistent with the validity period of the bid bond.