Build relationships with multiple general contractors to increase bidding opportunities and negotiation power Perform strategic risk and effort analysis to focus on projects with higher win ...

The process of construction bidding embodies a complex interplay of strategic evaluation, risk assessment, and adherence to regulatory codes. Modern bidding strategies integrate rigorous economic ...

Bid bonds guarantee that contractors complete projects they bid on, often for public or government jobs. If a contractor fails, a performance bond replaces the bid bond, ensuring project completion.

In recent years, the construction industry has enjoyed a period of robust growth. However, industry professionals are now facing a series of challenges that impact their businesses, including ...

Maintain a disciplined bidding pipeline to ensure consistent project flow and avoid feast-or-famine cycles. Use post-bid ...

For government entities — including local towns and state agencies like the Colorado Department of Transportation — most of its capital projects go through a bidding process to hire contractors.