INDUSTRY INSIGHTS YOUR PEERS ARE READING
Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. Of course, like any national commercial contractor we also do our share of work on a competitive bid basis where construction firms submit bids for a project based on a set of plans provided by the client, and the client subsequently awards the project based on those bids. MORE
Competitive bids are essential in winning construction contracts, but making them competitive might require adjusting the estimate. In construction, there is a natural and continual conflict between thorough estimates and turning in competitive bids. Construction Finance construction bids Google+. MORE
Indicted individuals allegedly inflated subs' bids, falsified work orders and more to extort roughly $15 million during a renovation of the media company's New York City offices MORE
Acquisition of projects in the construction sector is generally done through the process of bidding. Construction Management Construction Project Tips bid proposal bidding bids Construction Projects tenders winning projects MORE
Dear Mr. Ethics, We are bidding a project that is located in a different state than our office. The bid documents and contract requires us to warrant we are licensed in the project state. Does our bidding without a license violate any laws or codes of ethics? Dear Paul, I am not sure if you are violating any laws but your bidding without the required license seems to constitute a lie. I think your intent to bid is unethical. MORE
Estimating and submitting bids are one of the most stressful and nerve-wracking sides of your construction business. With poor bookkeeping, misguided judgment, and clerical errors come bad decisions on what projects to bid and not to bid on until eventually, you'll run out of time and money. MORE
Construction industry experts explain the bidding strategies that keep their firms profitable MORE
The legislation was spurred by a study that found that from 2005 to 2010, state schools wasted more than $100 million in taxpayer dollars on roofing through cooperative purchasing instead of competitive bidding MORE
Intense bidding competition is driving prices so low that contractors cannot both make a profit and perform quality work. I was recently on LinkedIn and noticed a question in one of the group forums asking readers to identify the biggest problem facing construction businesses today. MORE
Thursday’s post on bid pulling really struck a chord with many people. One marketer described it like being the groom of a runaway bride when your teaming partner pulls the bid. And clearly, this is not the first time a bid has been pulled like this. MORE
One of the biggest stumbling blocks, though, is often at the beginning of a project – during bidding – but there are key areas to avoid in order to make sure your teams stay on track. All of these expenses are important to include for your bid to be accurate. MORE
Sage facilitates you to produce bids rapidly, precisely and positively with takeoff and cost databases. Sage Estimating also facilitates forecasting the labor, raw material and other overhead costs so that the contractors can arrange & deliver correct bids. MORE
Foxconn is seeking bids for the first phase of work on its U.S.-based According to the Daily Reporter, company officials put out Bid Release 4A for the project, which calls for materials testing, excavation, foundation work, and based fabrication plant, set to be built in Mount Pleasant, Wisconsin. MORE
But contractors don’t have to move at the speed of state bureaucracy when pursuing new opportunities, and they shouldn’t have to miss a bidding opportunity over government licenses and permits. Regulatory Requirements Before Bidding. Hazards of Unlicensed Bidding. MORE
Dear Mr. Ethics, We are bidding a project that is located in a different state than our office. The bid documents and contract requires us to warrant we are licensed in the project state. Does our bidding without a license violate any laws or codes of ethics? Dear Paul, I am not sure if you are violating any laws but your bidding without the required license seems to constitute a lie. I think your intent to bid is unethical. MORE
The notices state that official bid solicitations will be forthcoming and that bids are due Aug. MORE
The Army Corps of Engineers rescinded its award to Barnard Construction after admitting that it had improperly excluded other contractors from bidding MORE
Many other commercial construction companies that belong to the ABA are planning to do the same with their own invitation to bid software. Bid Date: 12/17/12 @ 4p MST. . Status: Invited Bidder – GC Bids to Owner (By invitation Only) December 17 th , 2012 at 4 PM MST). Submit Bids To: Bids (donations) can be made to any of the soliciting general contractors. MORE
Bid packages for excavation, concrete work, materials testing and more are due to general contractor Gilbane | Exyte next month MORE
Dear Mr. Ethics, We have a subcontractor that has provided us with a bid that left out a couple of key design areas. We asked the subcontractor about this and expressed our concern that their bid amount does not cover this work. The subcontractor vigorously defended its bid and insists that it will complete the entire scope of its work for its bid amount if we award the contract to them. None of us here think they can do the work for their bid amount. MORE
Wally Zimolong over at Supplemental Conditions posted a piece about federal bid protest statistics. First off, the number of formal bid protests rose almost 50% between 2008 and 2012. For one, bidders might be more apt to protest bids these days. MORE
For most independent estimators, bid day isn’t (as the name suggests) one, crazy day that revolves around a single, prospective job. MORE
Acquisition of projects in the construction sector is generally done through the process of bidding. Construction Management Construction Project Others Tips bid proposal bidding bids Construction Projects tenders winning projects MORE
The Wall Street Journal reported that 22 states including Missouri, Texas, North Carolina, and Ohio have bid on the first Hyperloop certification track. Los Angeles-based Virgin Hyperloop One sent out a request for proposals asking states to bid for a chance to host a 6-mile test track. MORE
From getting on lists to looking the part, contractors share how they position themselves for success MORE
Technology can help GCs avoid cumbersome administrative challenges and ensure they are covering potential risks throughout the bid process. For subcontractors, technology can help them automate how they become qualified and improve how they communicate with GCs. MORE
Discussing job cost coding with some of our self-performing contractor clients, we sometimes hear that they often use the Owner’s Project Bid Items as a simple and useful structure for cost coding their work on the project. MORE
How to properly license your construction business for bidding a new state. MORE
Find out hoe to incorporate these best bidding practices at your company. The leaders of top construction firms will always ask why they are or are not selected. Objectivity and organizational improvement can mean all the difference between being the leader and the first loser. MORE
3 areas to filter for better bidding and estimating from construction business consultant George Hedley MORE
Dear Mr. Ethics, We have a subcontractor that has provided us with a bid that left out a couple of key design areas. We asked the subcontractor about this and expressed our concern that their bid amount does not cover this work. The subcontractor vigorously defended its bid and insists that it will complete the entire scope of its work for its bid amount if we award the contract to them. None of us here think they can do the work for their bid amount. MORE
Contractors have often told us that they're "one job away from making it big or losing everything". Our clients usually wonder why some of their competitors appear to be making a lot of money than they do when they seem to be doing similar work. MORE
That means sending the drawings out and getting contractors involved … Let’s get ready to rumble because “The Construction Bid Process ” is today’s topic. Every client wants to know what their project is going to cost and who’s going to build it. MORE
I asserted that far too many contractors and professional services rely on public bid opportunities or simple inertia through repeat business with existing clients. Featured Proposals and presentations RFP/proposals and bidding Sales and business development MORE
As a result, public bid law has come into frequent use. If you are in the construction industry, understanding public bid law can help you be aware of the potential risks/rewards of your next public works project. What is Public Bid Law? Regulatory Framework of Public Bid Law. MORE
Some cities already plan to reuse bid materials, while many agree that the bidding process alone set them up well for future competitions MORE
Job Order Contracting versus Design Bid Build can help to measurably improve construction productivity, quality, delivery times, and overall satisfaction for all participants. Benefits of Job Order Contracting versus Design Bid Build. Job Order Contracting versus Design Bid Build MORE
Projects of note and bidding possibilities in the Midwest MORE
Bidding Related Topics The Constructor
FEBRUARY 28, 2019
Acquisition of projects in the construction sector is generally done through the process of bidding. Construction Management Construction Project Tips bid proposal bidding bids Construction Projects tenders winning projects
The Constructor
FEBRUARY 28, 2019
Acquisition of projects in the construction sector is generally done through the process of bidding. Construction Management Construction Project Others Tips bid proposal bidding bids Construction Projects tenders winning projects
The Constructor
JUNE 4, 2016
What is the types of invitation for bids and explain. Read More at Bids The Constructor
Surveyor
JULY 10, 2018
Regulatory Requirements Before Bidding
BD+C
MARCH 17, 2019
That means sending the drawings out and getting contractors involved … Let’s get ready to rumble because “The Construction Bid Process ” is today’s topic. Every client wants to know what their project is going to cost and who’s going to build it.
Construction Business Owner
FEBRUARY 15, 2019
3 simple steps to winning construction bid proposals from expert Dan Taylor
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Construction Marketing Ideas
SEPTEMBER 15, 2019
I asserted that far too many contractors and professional services rely on public bid opportunities or simple inertia through repeat business with existing clients. Featured Proposals and presentations RFP/proposals and bidding Sales and business development
Commercial Construction
APRIL 12, 2019
Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. Of course, like any national commercial contractor we also do our share of work on a competitive bid basis where construction firms submit bids for a project based on a set of plans provided by the client, and the client subsequently awards the project based on those bids.
Construction Business Owner
MARCH 6, 2019
3 areas to filter for better bidding and estimating from construction business consultant George Hedley
Construction Business Owner
MARCH 7, 2019
How to properly license your construction business for bidding a new state.
Surveyor
JULY 10, 2018
But contractors don’t have to move at the speed of state bureaucracy when pursuing new opportunities, and they shouldn’t have to miss a bidding opportunity over government licenses and permits. Regulatory Requirements Before Bidding. Hazards of Unlicensed Bidding.
|
Surveyor
JUNE 12, 2013
One of the biggest stumbling blocks, though, is often at the beginning of a project – during bidding – but there are key areas to avoid in order to make sure your teams stay on track. All of these expenses are important to include for your bid to be accurate.
Construction Dive
APRIL 18, 2019
Bid packages for excavation, concrete work, materials testing and more are due to general contractor Gilbane | Exyte next month
Construction Equipment
NOVEMBER 11, 2019
The Wall Street Journal reported that 22 states including Missouri, Texas, North Carolina, and Ohio have bid on the first Hyperloop certification track. Los Angeles-based Virgin Hyperloop One sent out a request for proposals asking states to bid for a chance to host a 6-mile test track.
Construction Dive
DECEMBER 12, 2018
Indicted individuals allegedly inflated subs' bids, falsified work orders and more to extort roughly $15 million during a renovation of the media company's New York City offices
Mr Ethics
APRIL 23, 2014
Dear Mr. Ethics, We are bidding a project that is located in a different state than our office. The bid documents and contract requires us to warrant we are licensed in the project state. Does our bidding without a license violate any laws or codes of ethics? Dear Paul, I am not sure if you are violating any laws but your bidding without the required license seems to constitute a lie. I think your intent to bid is unethical.
Mr Ethics
APRIL 23, 2014
Dear Mr. Ethics, We are bidding a project that is located in a different state than our office. The bid documents and contract requires us to warrant we are licensed in the project state. Does our bidding without a license violate any laws or codes of ethics? Dear Paul, I am not sure if you are violating any laws but your bidding without the required license seems to constitute a lie. I think your intent to bid is unethical.
Surveyor
OCTOBER 24, 2012
Intense bidding competition is driving prices so low that contractors cannot both make a profit and perform quality work. I was recently on LinkedIn and noticed a question in one of the group forums asking readers to identify the biggest problem facing construction businesses today.
Mr Ethics
APRIL 23, 2014
Dear Mr. Ethics, We have a subcontractor that has provided us with a bid that left out a couple of key design areas. We asked the subcontractor about this and expressed our concern that their bid amount does not cover this work. The subcontractor vigorously defended its bid and insists that it will complete the entire scope of its work for its bid amount if we award the contract to them. None of us here think they can do the work for their bid amount.
Mr Ethics
APRIL 23, 2014
Dear Mr. Ethics, We have a subcontractor that has provided us with a bid that left out a couple of key design areas. We asked the subcontractor about this and expressed our concern that their bid amount does not cover this work. The subcontractor vigorously defended its bid and insists that it will complete the entire scope of its work for its bid amount if we award the contract to them. None of us here think they can do the work for their bid amount.
Construction Dive
MAY 15, 2018
The notices state that official bid solicitations will be forthcoming and that bids are due Aug.
Construction Business Owner
SEPTEMBER 10, 2019
Construction industry experts explain the bidding strategies that keep their firms profitable
Construction Business Owner
AUGUST 14, 2018
For most independent estimators, bid day isn’t (as the name suggests) one, crazy day that revolves around a single, prospective job.
Construction Cost Estimating
APRIL 25, 2019
Sage facilitates you to produce bids rapidly, precisely and positively with takeoff and cost databases. Sage Estimating also facilitates forecasting the labor, raw material and other overhead costs so that the contractors can arrange & deliver correct bids.
Construction Dive
NOVEMBER 7, 2018
The legislation was spurred by a study that found that from 2005 to 2010, state schools wasted more than $100 million in taxpayer dollars on roofing through cooperative purchasing instead of competitive bidding
Construction Business Owner
SEPTEMBER 17, 2019
Technology can help GCs avoid cumbersome administrative challenges and ensure they are covering potential risks throughout the bid process. For subcontractors, technology can help them automate how they become qualified and improve how they communicate with GCs.
Construction Law Monitor
OCTOBER 6, 2015
As a result, public bid law has come into frequent use. If you are in the construction industry, understanding public bid law can help you be aware of the potential risks/rewards of your next public works project. What is Public Bid Law? Regulatory Framework of Public Bid Law.
Help Everybody Everyday
AUGUST 10, 2012
Thursday’s post on bid pulling really struck a chord with many people. One marketer described it like being the groom of a runaway bride when your teaming partner pulls the bid. And clearly, this is not the first time a bid has been pulled like this.
Construction Equipment
APRIL 18, 2019
Foxconn is seeking bids for the first phase of work on its U.S.-based According to the Daily Reporter, company officials put out Bid Release 4A for the project, which calls for materials testing, excavation, foundation work, and based fabrication plant, set to be built in Mount Pleasant, Wisconsin.
ENR Construction
SEPTEMBER 23, 2019
Projects of note and bidding possibilities in the Midwest
Carol Hagen
DECEMBER 6, 2012
Many other commercial construction companies that belong to the ABA are planning to do the same with their own invitation to bid software. Bid Date: 12/17/12 @ 4p MST. . Status: Invited Bidder – GC Bids to Owner (By invitation Only) December 17 th , 2012 at 4 PM MST). Submit Bids To: Bids (donations) can be made to any of the soliciting general contractors.
Job Order Contracting
MAY 8, 2017
Job Order Contracting versus Design Bid Build can help to measurably improve construction productivity, quality, delivery times, and overall satisfaction for all participants. Benefits of Job Order Contracting versus Design Bid Build. Job Order Contracting versus Design Bid Build
Help Everybody Everyday
MARCH 4, 2013
Wally Zimolong over at Supplemental Conditions posted a piece about federal bid protest statistics. First off, the number of formal bid protests rose almost 50% between 2008 and 2012. For one, bidders might be more apt to protest bids these days.
Construction Informer
MARCH 13, 2015
Competitive bids are essential in winning construction contracts, but making them competitive might require adjusting the estimate. In construction, there is a natural and continual conflict between thorough estimates and turning in competitive bids. Construction Finance construction bids Google+.
Construction Dive
MARCH 14, 2018
Some cities already plan to reuse bid materials, while many agree that the bidding process alone set them up well for future competitions
Construction Business Owner
AUGUST 13, 2019
Find out hoe to incorporate these best bidding practices at your company. The leaders of top construction firms will always ask why they are or are not selected. Objectivity and organizational improvement can mean all the difference between being the leader and the first loser.
Construction Dive
AUGUST 22, 2018
From getting on lists to looking the part, contractors share how they position themselves for success
Contractor Bookkeeping
JULY 9, 2019
Estimating and submitting bids are one of the most stressful and nerve-wracking sides of your construction business. With poor bookkeeping, misguided judgment, and clerical errors come bad decisions on what projects to bid and not to bid on until eventually, you'll run out of time and money.
Contractor Bookkeeping
OCTOBER 1, 2019
Contractors have often told us that they're "one job away from making it big or losing everything". Our clients usually wonder why some of their competitors appear to be making a lot of money than they do when they seem to be doing similar work.
Cassell Construction Estimating
JUNE 16, 2015
Discussing job cost coding with some of our self-performing contractor clients, we sometimes hear that they often use the Owner’s Project Bid Items as a simple and useful structure for cost coding their work on the project.
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