Submitting a Winning Bid Construction bidding guide with examples. Bid Proposal If the work or service awarded comes from an incorrect bid, you have not won a job; you have won a complication.- In order for a construction and installation business to be financially viable, it must produce positive economic results in the work or services it provides.
- If the work or service awarded is the result of a flawed bid, the business is unlikely to become profitable.
- To start a profitable business, the bidder must submit a properly evaluated bid in every bid or competition.
In the book Submitting a Winning Bid, the author describes the steps involved in obtaining a reliable bid.This manuscript is of particular interest to owners, shareholders and bid coordinators of construction and industrial assembly companies and, in general, to all members of an organization who perform tasks related to the formulation of bids or price competitions.
Submitting a Winning Bid. Guidelines to improve the accuracy of your bid with examples.Bidding at prices other than the contract average undermines the bidder's business relationship with the customer.
If the budget is too low, the bidder will inevitably face negative financial results as expenses exceed revenues.
On the other hand, if the bid is very high relative to competing bids, it may be excluded from price competition.
This situation, although less serious than the previous one, has a negative impact on your assets due to the increase in total expenses.
The bottom line is that each step of the bidding process must be carefully analyzed in order to submit a reliable bid.
Submitting a Winning Bid.The purpose of Submitting a Winning Bid is to provide the reader with a complete and useful guide to support his or her budget.
This manuscript details the main aspects to be considered at each stage of the proposal development process in order to achieve the desired reliable budget.
In order to bid, it is necessary to have your own experience in the construction and installation sector and to use emotional intelligence to reinforce the criteria with other colleagues or experts.
In order to bid, it is necessary to have your own experience in the construction and installation sector and to use emotional intelligence to reinforce the criteria with other colleagues or experts. This guide is based on the exceptional experience of the author.The author of this book has spent much of his professional life as a manager and field superintendent of various chemical processing plants, refineries, gas pipelines, gas compressors, and thermal power plants in this country and abroad.
Subsequently, the author founded and managed a construction and installation company for more than 20 years.
Throughout his career, the author has prepared and reviewed hundreds of budgets for the execution of industrial projects.