Help Everybody Everyday
MARCH 4, 2013
Wally Zimolong over at Supplemental Conditions posted a piece about federal bid protest statistics. There were a few statistics in the report that I thought were pretty telling. First off, the number of formal bid protests rose almost 50% between 2008 and 2012. ” A few things could be going on here.
Construction Business Owner
JANUARY 12, 2012
Compliance/Regulations. Industry Statistics. ” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. Reduce Bidding Costs. Green Building.
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Construction Business Owner
JANUARY 5, 2012
Compliance/Regulations. Industry Statistics. Evaluate Bidding Strategy. There are fewer projects to bid and what projects are available are being bid by more people. Consequently, the bidding climate is very competitive with some work going to people bidding below cost. Green Building. Ask the Expert.
Construction Business Owner
OCTOBER 26, 2011
Compliance/Regulations. Industry Statistics. I know a lot of contractors are getting into bidding season, and this got me thinking about communication. If you’re a general contractor, you may send out an invitation to bid via email, fax, online notifications, etc. Green Building. Construction Safety. Sales/Marketing.
Carol Hagen
DECEMBER 3, 2010
You will find that electronic systems your contracting firm uses to distribute invitations to bid may not offer the ability to maintain copies of subtract solicitations to minority and female-owned businesses, a record of responses, and any follow-up within them. These do not need to be in electronic format. Internet: [link].
Construction Business Owner
AUGUST 18, 2011
Compliance/Regulations. Industry Statistics. And that seemed to strike a chord with some of you, so I figured I’d talk more about government jobs, and what you need to be prepared to bid on them. This substantially increases your ability to get bonded and opens the door to bidding on prevailing wage jobs. Green Building.
NH Construction Law
APRIL 29, 2021
Often the benchmark is indexed costs, for example the producer price index or “PPI” published by the Bureau of Labor Statistics. Sometimes the benchmark is budgeted costs, i.e., the contractor’s actual buyout costs at bid time (or those of their subs if the subcontract prices are similarly allowed to fluctuate).
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