Real Estate April 10, 2018 Sale No replies

When you put your latest construction project out for bids, you’ll likely receive responses from many vendors, but the quality of their bids will vary widely. From identifying missing information to adjusting line items for easier comparison to untangling communication issues, you’ll be responsible for doing whatever it takes to turn imperfect bid proposals into solid construction estimates.

Furthermore, you’ll need to consider more than just costs. A low bid doesn’t always mean you got lucky; it could mean that the bidder doesn’t fully understand the scope, costs, and deadlines of your project. A seemingly low bid may actually lead to unexpected change orders and schedule delays that will eat up the money you thought you were saving.

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