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bidders

Bidders are individuals or organizations that participate in an auction or competitive process to acquire goods, services, or contracts. They submit offers, often called bids, which indicate how much they are willing to pay or what terms they propose. The bidding process is common in various contexts, such as real estate sales, government contracts, and online auctions. The highest or most favorable bid typically wins, depending on the predetermined criteria. Bidders play a crucial role in determining market value and ensuring fair competition within the marketplace.