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Setting the Bid Unit Price: 2 Main Reasons for Unbalancing

Setting the Bid Unit Price: 2 Main Reasons for Unbalancing

by Gaurav Mehrotra | Nov 14, 2020 | Estimating, Podcast

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 prices in your proposals to have positive impact. Be strategic. Balanced Bid Prices A balanced bid price is when each of...
Bid Unbalancing – How It’s Done To Increase Profit

Bid Unbalancing – How It’s Done To Increase Profit

by Gaurav Mehrotra | May 9, 2017 | News, SJCC, White Paper

Executive Summary Contractors unbalance unit prices in their bids to take advantage of anticipated quantity overruns and underruns. An intelligent unbalancing of the unit prices can result in higher profits. Of course, that’s the contractors’ goal. Review the example...

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