Costly Bidding Mistakes

13 Costly Bidding Mistakes & How to Avoid Them - November 16, 2016 - Kendall Jones

The Morning Blueprint by Construct Connect

Putting together a winning bid proposal is a lot more complicated than putting some numbers together and hoping for the best. Good bid preparation requires a lot of time and effort that involves everything from reading and fully understanding the plans and specifications to accurately estimating costs for labor, materials and equipment. Making even the smallest mistake can mean the difference between having a winning bid proposal and missing out on a coveted project.

- Bidding the Wrong Projects

- Incomplete Bid Forms and Documents

- Inaccurate Takeoffs

- Failing to Visit the Job Site

- Failure to Seek Clarification

- 2+2= Wrong

- Not Evaluating Equipment Needs

- Not Qualifying Subcontractors

- Labour Implications

- Not Factoring in Overtime

- Misunderstanding Material Requirements

- Rushed Bids

- Overlooking Risks

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