Remove Bidding Remove Cash Flow Remove Legal
article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

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 agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project. February 2009.

Cash Flow 168
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

” » 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. Perhaps the toughest part, though, is that even if you bid a job and don’t win, you still incur costs to compete.

Bidding 149
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

I know a lot of contractors are getting into bidding season, and this got me thinking about communication. Communication is an important element throughout any construction project, but given the time of year, I thought I’d focus on the communication difficulties faced during the bidding process. And then you wait. Beyond Games.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

For those of you contractors doing government work: relish the competition involved with bidding. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. Competition is what makes us strive for success, what makes us work harder and what makes us want to be the best. February 2009. January 2009. December 2008.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why. Know the Contract and Budget. Stay on Top of Changes.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

The Expensive Process of Bidding » Save Time, Resources – File Electronically. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. Construction Business Owner E-Newsletter. -->. Home » Blogs. « Simplified Decision Making – Getting People and Processes In Order. February 2009. January 2009.