The High Stakes of Construction Bidding

Construction bidding is the most dangerous game of poker you will ever play. You spend weeks

analyzing blueprints and crunching numbers just to slash your price against ten other hungry competitors.

It is a brutal balance. If you bid too high, you don't get the work. If you bid too low

because of a simple math error, you are stuck building the project at a massive loss or

forfeiting your cash bond. Watch out for shady tactics like bid shopping too.

You have to be the lowest bidder to win, just make sure you don't accidentally

bankrupt your company doing it.