udbuds
Udbud is a Danish term used to describe the procurement process by which a buyer invites suppliers to submit bids to supply goods, services, or works. The plural form udbuds is used when referring to multiple such procurement rounds or tender processes. In English, the concept is typically translated as tendering or procurement bidding, and udbuds can be understood as the various tender opportunities issued by a contracting authority.
A typical udbud process begins with the publication of a contract notice or invitation to tender. Tender
The process is governed by public procurement rules, particularly in Denmark and within the European Union.