In project management, it's important to maintain open and transparent communication with all stakeholders, including unsuccessful bidders. Meeting with the unsuccessful bidder not only provides them with feedback but also maintains a good relationship with them, which could be beneficial for future projects. This approach aligns with the principles of stakeholder management and communication management in project management practices. References:
https://bordio.com/blog/how-to-become-a-project-manager/
https://www.indeed.com/career-advice/career-development/how-to-become-a-project-manager