Executive Summary Many approaches exist for estimating – two of them being a theoretical approach versus a production history approach. One is based...
Estimating: Theoretical versus Production History
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Using a Static Indirect Bid Item in your Bids
Executive Summary Create a static bid item in all of your bids to serve as a checklist for indirect costs – both jobsite and corporate indirects!...
Your Equipment Rates: Where to Start
Executive Summary Whether in an estimate setup or change order negotiation scenario, if you do not know your equipment rates, start with a baseline...
Contingency Doesn’t Exist When Low Bid Wins
Executive Summary When an owner determines the method of award is that the low bid wins, they shouldn’t expect contingency in a contractor’s bid....
Pre-Bid Questioning to the Owner or Yourself
Executive Summary Many challenges in a project can be flushed out in the pre-bid phase with clear and concise questioning to the Owner. Consider...
Setting the Bid Unit Price: 2 Main Reasons for Unbalancing
Executive Summary Setting of bid prices on a unit price bid can have significant effects on the financial performance of a project. Set your unit...
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