Every client wants to know what their project is going to cost and who’s going to build it. That means sending the drawings out and getting contractors involved … Let’s get ready to rumble because ...
The bid proposal form was revised in early 2011 and is an excellent negotiating tool for a variety of reasons. First, it establishes a defense to contract formation where the parties have not worked ...
As all construction contractors know, the American Institute of Architects (AIA) provides a series of nearly 200 industry standard consensus forms that define the relationships and terms involved in ...
Every construction project has a contract (written, preferably), and they often vary in size and scope depending on the nature and complexity of a project. Many construction industry participants have ...
Under a competitive bidding system, a property owner seeks the contractor who will provide the best work at the lowest price. Although the reputation of your business is important, your bid must be ...
There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...
Companies who rely solely on their low bid to win work, are leaving missed opportunities behind. If you figure your sales job is done when you email, fax or deliver bids or proposals to potential ...
Maintaining credibility is the key to success in all types of business and, in particular, the construction industry. Contractors should always focus on maintaining a good reputation rather than vast ...