The term "bidding process" refers to a method used by organizations or governments to procure goods, services, or construction projects. In this process, potential suppliers are invited to submit bids for the project, detailing their proposed price and scope of work. The organization then evaluates these bids based on various criteria such as cost, quality, and delivery schedule, before making a final decision on which bid to accept. This method is used in order to ensure that the best value for money is obtained, while also promoting fair competition among suppliers.