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3 Keys to a Better Bidding Process

Construction Business Owner

3 Keys to a Better Bidding Process. How teams can get more from their bidding technology. In the guide, “3 Keys to a Better Bidding Process,” you’ll learn about the key categories—technology, people and process—that teams can use to fully optimize their bidding process and make the most of their digital tools.

Bidding 296
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How to Set, Improve & Exceed Project Productivity Expectations

Construction Business Owner

How to Set, Improve & Exceed Project Productivity Expectations. Too many contractors finish their projects over budget on labor when crews work more hours than estimated in the bid. Mon, 04/25/2022 - 09:38. T he biggest variable in construction is labor.

Products 156
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Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity

Job Order Contracting

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. contact-form].

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How to Bid Like You’ve Already Won the Job

Autodesk Construction Cloud

Your approach to bidding, especially in comparison to the competition, will be reflected in your hit ratio. The bid-hit ratio should be balanced, and you want the number of hits to be as high as possible. For example, if your bid-hit ratio is 3:1, it means that you get a third of the jobs you bid on.

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Engineered-Products Firm Sentenced to $7M Fine For Bid-Rigging

ENR Construction

Sentence in fraudulent bids to state DOT is in line with Contech Engineered Products' plea agreement with US Justice Dept.

Bidding 68
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How to Stop Profit Margin Fade

Construction Business Owner

This recurring problem occurs when the final construction project job cost finishes higher than the bid estimate or budget. Estimators generally price projects using bids from their regular subcontractor and suppliers, plus their standard company production crew rates for labor and equipment.

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Ex-Engineered Products Firm Executive Convicted of Bid Rigging

ENR Construction

Brent Brewbaker, who worked for Contech Engineered Solutions LLC, will be sentenced April 12 for conspiring to rig bids on some 300 North Carolina Transportation Dept. projects.

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