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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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Commercial Construction Delivery Methods: 3 Times To Go With A Negotiated Bid

HardHatChat

Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. While there are valid reasons a client might go the competitive bid route, there are many more scenarios where the negotiated delivery method is better for all parties. It’s A Multi-Phase Project.

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BAM turns to AI in bid to cut delays and cost overruns

Construction Enquirer

BAM is adopting AI in a bid to manage risks to project schedules. The technology from nPlan allows BAM to analyse a whole portfolio through an AI lens for the first time and provides unbiased insight into potential risks to schedule and costs enabling prompt preventive action. . ”

Bidding 82
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The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

Prioritizing a low bid over contractor performance is a lose-lose procurement strategy. Unfortunately, low bidding is an accepted practice for both owners and contractors alike. Owners will say that focusing on the lowest bid possible ensures they get a good price. Who’s responsible for low-bid procurement?

Bidding 98
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Single Bid for Illinois Statehouse Renovation Comes in $73.5M Over Estimates

ENR Construction

The state blames inflation and a tight project schedule for the single, over-budget bid from Core Construction Services of $243.5

Bidding 78
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How to Create a Successful Restaurant Construction Schedule

HardHatChat

While the construction best practices we shared might be common knowledge with our experienced Chicago restaurant construction clients, I realize novice restaurant owners or entrepreneurs opening fast-casual franchise restaurants may not know how to create a successful restaurant construction schedule. Simple, right? Chuck Taylor.

Schedule 258
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Single Bid for Ill. Statehouse Renovation Is $73.5M Over Estimate

ENR Construction

State blames inflation and a tight project schedule for single over-budget bid from Core Construction Services of $243.5

Bidding 69