Swiss Challenge

* Swiss challenge method is a method of bidding, often used in public projects, in which an interested party initiates a proposal for a contract or the bid for a project.
* The government then puts the details of the project out in the public and invites proposals from others interested in executing it.
* On the receipt of these bids, the original proposer gets an opportunity to match the best bid. In case, the original proposer fails to match the bid, the project is awarded to the proposer of the best bid.